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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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