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    Question

    The label price of a shirt was Rs. 850. It was sold after

    applying successive discounts of 5% and 30%. If the seller made a profit of Rs. 50, determine the cost price of the shirt.
    A Rs.302.35 Correct Answer Incorrect Answer
    B Rs.392.55 Correct Answer Incorrect Answer
    C Rs.499.25 Correct Answer Incorrect Answer
    D Rs.514.25 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Selling price = 850 × 0.95 × 0.7 = Rs. 564.25

    Cost price = 564.25 – 50 = Rs. 514.25

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