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      Question

      A shopkeeper sold an article after offering two

      successive discounts of 12% and 25%, respectively. The marked price of the article is Rs. 2400. If the cost price of the article is 2000, then find the profit/loss percentage in the whole transaction.
      A 21.8% Correct Answer Incorrect Answer
      B 22.8% Correct Answer Incorrect Answer
      C 20.8% Correct Answer Incorrect Answer
      D 25.8% Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Marked price of the article = Rs. 2400 Selling price of the article = 2400 × 0.88 × 0.75 = Rs. 1584 Cost price of the article = Rs. 1584 So, loss percentage = [(2000 – 1584)/2000] × 100 = 20.8%

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