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      Question

      A product was sold for Rs. 168 after giving a discount of

      20%. If the cost price and marked price are in the ratio 4:7, then calculate the profit earned.
      A Rs.35 Correct Answer Incorrect Answer
      B Rs.20 Correct Answer Incorrect Answer
      C Rs.48 Correct Answer Incorrect Answer
      D Rs.65 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ,

      Marked price of the product = (168 / 0.80) = Rs. 210

      So, cost price of the product = (210 / 7) × 4 = Rs. 120

      Therefore, required profit = 168 - 120 = Rs. 48

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