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      Question

      A trader marked an article 50%

      above its cost price. If he sold the article at 20% discount, find the gain percentage of the trader.
      A 25% Correct Answer Incorrect Answer
      B 22% Correct Answer Incorrect Answer
      C 20% Correct Answer Incorrect Answer
      D 18% Correct Answer Incorrect Answer

      Solution

      ATQ, Let the cost price of the article be Rs.100x. Marked price = 100x Γ— 1.5 = Rs.150x Selling price = 150x Γ— 0.8 = Rs.120x

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