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A man sells a bicycle at marked price wh...

A man sells a bicycle at marked price which is 30% higher than the cost price. If he gives some discount and sells it at Rs.150 less than the marked price, he would still gain 20%. What is the percentage of discount offered ?

A

7.69%

B

1.83%

C

7.54%

D

7.23%

Text Solution

Verified by Experts

The correct Answer is:
C
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