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    Question

    A shopkeeper sold an article after offering two

    successive discounts of 21% and 25%, respectively. The marked price of the article is Rs. 2300. If the cost price of the article is 1500, then find the profit/loss percentage in the whole transaction.
    A 7.15% Correct Answer Incorrect Answer
    B 6.15% Correct Answer Incorrect Answer
    C 10.15% Correct Answer Incorrect Answer
    D 9.15% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of the article = Rs. 2300 Selling price of the article = 2300 × 0.79 × 0.75 = Rs. 1362.75 Cost price of the article = Rs. 1362.75 So, loss percentage = [(1500 – 1362.75)/1500] × 100 = 9.15%

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