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      Question

      A product is tagged at 50% above its cost price and is sold

      after a discount of 30% on the marked price. If the selling price comes to Rs. 2,730, find the gain made on this sale.
      A Rs.760 Correct Answer Incorrect Answer
      B Rs.610 Correct Answer Incorrect Answer
      C Rs.540 Correct Answer Incorrect Answer
      D Rs.840 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let the cost price of product be Rs. '100b'

      Marked price = 1.50 × 100b = Rs. '150b'

      Selling price = 0.70 × 150b = Rs. '105b'

      So, 105b = 2,730

      Or, b = 26

      Therefore, required profit = 5 × 26 = Rs. 130

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