the marked price of an article is Rs 1400. if it is sold for Rs 1120 ,what is the percentage of discount
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As it is sold on 20% loss so 1120 is 80% of the original amount. The original amount is 1120/80*100 = 1400. If you would have to make 40% profit Add mark-up of 40% to 1400.
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280 IS THE CORRECT ANSWER
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