A firm allows 20% discount on
list price and a further 5%
discount for cash payment.
what is the net selling price of
an article which is marked at
Rs.240.
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5
Answer:
If the selling price is Rs 112, cost price = Rs 100. If the selling price is Rs 224, cost price = Rs (100/224) × 112 which is = Rs 200. Hence the answer is C) Rs 200. Example 2: A bicycle marked at Rs 1,500 is sold for Rs 1,350.
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