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Q: A trader sells an item for `805 after offering a discount of 12.5% on its marked price Had he not offered the discount, he would have earned a profit of 15%. What is the cost price (in `) of the item?
  • A. 780
  • B. 750
  • C. 800
  • D. 700
Correct Answer: Option C -
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Explanations:

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