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    Question

    A gadget is marked 100% above its cost price and is sold

    for Rs. 1,080 after giving two successive discounts of 10% and 20%, respectively. Find the difference between the marked price and the cost price of the gadget.
    A Rs.750 Correct Answer Incorrect Answer
    B Rs.600 Correct Answer Incorrect Answer
    C Rs.735 Correct Answer Incorrect Answer
    D Rs.650 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ Marked price of the gadget = {1080 / (0.90 × 0.80)} = Rs. 1,500 Cost price of the gadget = (1500 / 2) = Rs. 750 Required difference = 1500 – 750 = Rs.750

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