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      Question

      If by selling an article for Rs. 480 a shopkeeper gains

      20%, find its cost.  
      A Rs.500 Correct Answer Incorrect Answer
      B Rs.700 Correct Answer Incorrect Answer
      C Rs.800 Correct Answer Incorrect Answer
      D Rs.400 Correct Answer Incorrect Answer

      Solution

      SP = Rs. 480, Gain% = 20% CP = (480 x 100)/ 120 = Rs. 400

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