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    Question

    The tag price of a pair of shoes is Rs. 4,000, which is Rs.

    1,200 more than the cost price. If the seller makes a profit of 30%, find the discount percentage given.
    A 5 Correct Answer Incorrect Answer
    B 3 Correct Answer Incorrect Answer
    C 9 Correct Answer Incorrect Answer
    D 4 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Marked price of the article = Rs. 4,000

    So, cost price of the article = 4000 – 1200 = Rs. 2,800

    Selling price of the article = 1.30 Γ— 2800 = Rs. 3,640

    So, d = {(4000 – 3640)/4000} Γ— 100 = 9%

    Therefore, value of β€˜d’ = 9

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