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    Question

    A second-hand item was bought at Rs. 650 and had repairs

    costing Rs. 550. The seller increased the price by 35% but finally sold it at a 30% loss. Calculate the discount allowed.
    A Rs. 900 Correct Answer Incorrect Answer
    B Rs. 500 Correct Answer Incorrect Answer
    C Rs. 875 Correct Answer Incorrect Answer
    D Rs. 780 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Effective cost price of the item = 650 + 550 = Rs. 1200

    Marked price of the item = 1.35 × 1200 = Rs. 1620

    Selling price of the item = 0.7 × 1200 = Rs. 840

    Therefore, discount offered = 1620 – 840 = Rs. 780

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