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Indian Economy - Understanding the basics of Indian economic system

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A dealer marks a T.V. set for 9,000 but agree to gain discount of 20%. Find the selling price of T.V. set.

1800

7200

7800

6800

Explanation:

Here Marked Price (M.P.) = 9,000
Discount = 20% of 9,000 = 20/100 x 9000
⇒ Rs. 1800.
S.P. = 9000 - 1800 = Rs. 7200

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