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Question 69
After offering a discount of 20% on an article, a trader earned a profit of 20%.If the cost price is ₹300, then what will be the selling price of the article after offering a discount of 25%?
Solution
A/c to question , after offering a discount of 20% on an article, a trader earned a profit of 20%.If the cost price is ₹300. Let cost price be c and marked price be m.
$$\frac{80}{100} \times m = \frac{120}{100} \times 300$$
m = 450
The selling price of the article after offering a discount of 25% = $$\frac{75}{100} \times 450$$ = 337.5
So , the answer would be option d)₹337.5
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