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Question 62
If the shopkeeper sells an item at Rs 1000 which is marked as Rs 1250, then what is the discount he is offering?
Solution
Marked price of item = Rs. 1250
Selling price = Rs. 1000
=> Discount % = $$\frac{1250 - 1000}{1250} \times 100$$
=> $$\frac{1}{5} \times 100 = 20\%$$
=> Ans - (D)
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