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Profit and Loss

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  1. A fan is listed at $ 150 and a discount of 20% is given. Then the selling price is
    1. $ 180
    2. $ 150
    3. $ 120
    4. $ 110
Correct Option: C

Given , Marked Price = $ 150 and discount ( D ) = 20%

S.P. of the fan =
Marked Price × ( 100 - D )
100

S.P. of the fan =
150 × 80
= $ 120
100


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