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A person marks his goods x above the cost price and...

This question belongs to Arithmetic Ability True Discount
True Discount
?

A person marks his goods x% above the cost price and allows a discount of 30% on the marked price. If his profit is 5%, then the value of x will be:

Answer & Solution
Correct Answer: Option A
$$30\% \to \frac{{ - 3}}{{10}}$$
True Discount mcq question image
$$\eqalign{ & 100 + x = 150 \cr & x = 50 \cr} $$
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