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ATQ,
Let the cost price, selling price and marked price be Rs. 5x, Rs. 7x and Rs. 11x respectively
According to the question,
Profit earned = 7x – 5x = Rs. 2x
Therefore, 2x = 600
Or, x = 300
Therefore, discount offered = 11x – 7x = 4x = 4 × 300 = Rs. 1200
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