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      Question

      An individual marked a book 25% above its cost price. If he

      sold it after giving a 15% discount, find the percentage profit he made.
      A 6.25% Correct Answer Incorrect Answer
      B 15.27% Correct Answer Incorrect Answer
      C 42.51% Correct Answer Incorrect Answer
      D 35.55% Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let the cost price of the book be Rs. '80a'

      So, marked price = 80a * 1.25 = Rs. '100a'

      So, selling price = 100a * 0.85 = Rs. '85a'

      So, required gain percentage = {(85a - 80a)/80a} * 100 = 6.25%

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