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Question

The marked price of an article is Rs 80 and it is sold at Rs 76. The discount rate is : 


A
5%
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B
95%
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C
10%
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D
approx 11%
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Solution

The correct option is A $$5\%$$
Let the discount rate be x%
$$ 80 \times \dfrac{x}{100} = (80-76)$$(actual discount = 4Rs.)
$$x= \dfrac{4 \times 100}{80}$$  = 5%  

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