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Question

A trader bought an article for Rs.4000 and then marked it at _% above its cost price. Thereafter he allowed two successive discounts of _% and 25% respectively on its marked price and sold the article for Rs.1030 less than its cost price. Which of the following can fill in the blanks?

I 10 I
I 12 II
I 15 I
V 5

A Only I

B Only I and II

C Only III

D Only I and IV

E All I, II, III and IV

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