TS ICET 2015 Question Paper with Solutions for online practice

Question : 102 of 200

Marks: +1, -0

The cost price of a item is ₹ 250. Its marked price is ₹360. The maximum possible discount that can be given so that a profit of 20% is made is

Solution:

{S.P.}=250×({120}/{100})={Rs}.300

∴ Required discount

=360-300={\Rs} .60

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