Multiple Choice Questions on If a table with marked price Rs 7 000 was sold to a customer for Rs 6 500 then the rate o........... for CDS Exam Preparation

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Multiple Choice Questions

If a table with marked price Rs 7 000 was sold to a customer for Rs 6 500 then the rate o...........

Quantitative Aptitude (CDS) Profit and loss
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     If a  table with marked price Rs. 7,000 was sold to a customer for Rs.6,500, then the rate of discount allowed on the table is?

    7.14%

    Correct Answer

    5.6%

    Incorrect Answer

    6.2%

    Incorrect Answer

    4.8%

    Incorrect Answer
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    Explanation:

    Discount =7000 - 6500 = Rs.500

    If discount = x% Then,

    (7000×x)/100 = 500

    x = 500/70

    x = 50/7

    x = 7.14%

    By: bhavesh kumar singh
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