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Q: The marked price of an object is 42% more than the cost price of an object. If on selling an object a profit of 20.7% is obtained, then the percent discount obtained on the marked price of an object is :
  • A. 15.6%
  • B. 16%
  • C. 15%
  • D. 14.3%
Correct Answer: Option C -
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Explanations:

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