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  1. 20% profit is made when a discount of 20% is given on the marked price. When the discount is 30% profit will be
    1. 4%
    2. 5%
    3. 6%
    4. 7.5%
Correct Option: B

Let the marked price of article be Rs. M and its C.P. be Rs. 100.
According to the question,

M ×
80
=
100 × 120
100100

⇒  M =
120 × 100
= Rs. 150
90

S.P. after a discount of 30% =
150 × 70
100

Selling Price = Rs. 105 i.e. gain = 5%



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