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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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