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Question

The selling price of a pen is Rs. 13.20 if it is sold at 12% discount.
Find the new selling price of the pen, if it is sold at 5% discount.

A
Rs. 12.11
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B
Rs. 14.25
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C
Rs. 15.33
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D
Rs. 16.26
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Solution

The correct option is C Rs. 14.25
Let the marked price of the pen be x.

For the case when discount is 12%, SP is Rs. 13.20. Then,
13.20=x(112100)13.20=x×88100x=13.20×10088=Rs. 15

For the case when the discount is 5%, SP will be,
SP=15(15100)=15×95100=Rs. 14.25

Hence, option B is correct.

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