Profit and Loss Practice Test 7

Question : 25 of 40

Marks: +1, -0

Varun saved Rs 80 by getting a discount of12.5%. What is the amount of money paid by him?

Solution:

12.5% of MP = Rs 80

1/8×MP=80

MP = 640
Amount paid by Varun = 640 - 80 = Rs 560

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