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A shopkeeper marks up price of LED 60% a...

A shopkeeper marks up price of LED 60% above its cost price and gives three successive discounts of `12(1)/(2)%`, d% and 25%. If shopkeeper made a loss 16% on LED. Find the second discount allowed by shop?

A

A)`15%`

B

B)`20%`

C

C)`25%`

D

D)`16 ⅔%`

Text Solution

Verified by Experts

The correct Answer is:
B
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