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    Question

    A merchant acquired an item for Rs. 'z'. He set its

    price Rs. 4,000 above its cost and sold it after offering two sequential discounts of 8% and 10%. Find the selling price of the item if the merchant made a profit of Rs. 400 in this transaction.
    A Rs.13,660.33 Correct Answer Incorrect Answer
    B Rs.17,330.23 Correct Answer Incorrect Answer
    C Rs.14,660.55 Correct Answer Incorrect Answer
    D Rs.25,660 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Marked price of the item = Rs. (z + 4000),

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