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    Question

    An item is listed at Rs. 3,000, which is Rs. 1,200 more

    than its cost price. If it is sold after allowing a discount of ‘d%’ and the seller gains 20%, calculate the value of ‘d’.
    A 45 Correct Answer Incorrect Answer
    B 13 Correct Answer Incorrect Answer
    C 28 Correct Answer Incorrect Answer
    D 34 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Marked price of the article = Rs. 3,000

    Cost price of the article = 3000 – 1200 = Rs. 1,800

    Selling price of the article = 1.20 × 1800 = Rs. 2,160

    So, d = {(3000 – 2160)/3000} × 100 = 28%

    Therefore, value of ‘d’ = 28

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