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By Mathematics Mcqs Profit and Loss Mcqs No Comments

A dealer marks his goods 20% above cost price. He then allows some discount on it and makes a profit of 8%. The rate of discount is:

A. 12%
B. 10%
C. 6%
D. 4%

Explanation:

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C.P = Rs. 100

Marked Price = Rs. 120,

S.P = Rs. 108

Discount = (12/120 × 100)% = 10%

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