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    Question

    A merchant sold an item with a profit of 32% after

    giving a discount of 17.5%. The difference between the marked price and the cost price of the item was Rs. 1500. Calculate the selling price of the item.
    A Rs. 2800 Correct Answer Incorrect Answer
    B Rs. 3600 Correct Answer Incorrect Answer
    C Rs. 2500 Correct Answer Incorrect Answer
    D Rs. 3300 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the cost price of the article be Rs. ‘x’. Then, selling price of the article = Rs. 1.32x Marked price of the article = 1.32x/0.825 = Rs. 1.6x According to question, 1.6x – x = 1500 0.6x = 1500, x = Rs. 2500 So, selling price of article = 1.32x = Rs. 3300 

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