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A. 18%
B. 21%
C. 20%
D. 19%
E. None of these

Explanation:

CP = Rs. 540, MP = 540 + 15% of 540 = Rs. 621

SP = Rs. 496.80, Discount = 621 – 496.80 = 124.20
Discount % = 124.2/621 * 100 = 20%

Correct Answer: 20%

Last Updated: February 07, 2020