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      Question

      A shirt has a marked price of Rs. 3,200, which is Rs. 1,000

      more than its cost price. If it is sold with a profit of 20%, then what is the discount percentage?
      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. 3,200

      So, cost price of the article = 3200 – 1000 = Rs. 2,200

      Selling price of the article = 1.20 Γ— 2200 = Rs. 2,640

      So, d = {(3200 – 2640)/3200} Γ— 100 = 17.5%

      Therefore, value of β€˜d’ = 17.5

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