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ATQ, Let the cost price of the Rice bag be Rs. ‘2a’ So, marked price of the Rice bag = 2a × 1.5 = Rs. ‘3a’ Selling price of the Rice bag = 3a × 0.8 = Rs. ‘2.4a’ Profit = 2.4a – 2x = Rs. ‘0.4a’ ATQ; 0.4a = 40 Or, a = 100 So, marked price of the Rice bag = 100 × 3 = Rs.300 Selling price of the Rice bag = 100 × 2.4 = Rs.240 Required difference = 300 – 240 = Rs.60
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