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Question

Quantitative Aptitude:

A dealer marked the price of an item 40% above the cost price. Once he gave successive discount of 20% and 25% to a particular customer. As a result he incurred a loss of Rs. 448. At what price did he sell the item mentioned customer?

  • Rs. 2, 352
  • Rs. 2, 416
  • Rs. 2, 578
  • Rs 2, 268
  • None of these
Answer- A


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