An article of cost price Rupees 8000 is marked at Rupees 11200. After allowing discount of x%, a profit of 12% is made. The value of X is
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Step by step explanation:
Profit=12% × CP
=12/100 × 8000
=12 × 80
=960
Sale price = Cost price(CP) + profit
=8000 + 960
=8960
Discount =Marked price(MP) - sale price(SP)
=11200 - 8960
=2240
Discount% =Discount/MP × 100
=2240/11200 × 100
=2240/112
=20%
Therefore X= 20%
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