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    Question

    The ratio of selling price, cost price, and marked price

    of an article is 7:5:10, respectively. If there is a profit of Rs. 800 in the transaction, then find the discount offered.
    A Rs.1520 Correct Answer Incorrect Answer
    B Rs.1200 Correct Answer Incorrect Answer
    C Rs.1900 Correct Answer Incorrect Answer
    D Rs.1800 Correct Answer Incorrect Answer

    Solution

    ATQ, Let the selling price, cost price, and marked price of the article be Rs. 7x, Rs. 5x, and Rs. 10x, respectively. According to the question, Profit earned = 7x тАУ 5x = Rs. 2x Therefore, 2x = 800 Or, x = 400 Therefore, discount offered = 10x тАУ 7x = 3x = 3 ├Ч 400 = Rs. 1200

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