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A shopkeeper marks an article 40% above its cost price of ₹800 and then allows a discount of 25% on the marked price. What is the selling price?

Competition practiceProfit, Loss & Discount
  • A960
  • B880
  • C800
  • D840

Step-by-Step Solution

Marked price = ; after 25% discount, selling price = = ₹840.
Answer: D) 840

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