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>> The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a...
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Q. The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%?
a.
37.5%
b.
48%
c.
50.5%
d.
52%
ANSWER: 37.5%
Answer & Explanation
Let marked price = Rs. 100.
Then, C.P. = RS. 64, S.P. = Rs. 88
Gain % = 24/64 * 100 = 37.5%.
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