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7.Profit and Loss
medium
The printed price of an article is $40 \%$ higher than its cost price. Then the rate discount so that he gains $12 \%$ profit is.........$\%$
A
$15$
B
$21$
C
$18$
D
$20$
Solution
Cost price
Let $CP =₹ 100$
Selling price
$S.P. = C.P. + P$
$=100+12 \%(100)$
$=₹ 112$
Discount $\%=\frac{28}{140} \times 100$
$=20\%$
Standard 13
Quantitative Aptitude
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