The shopkeepers mark up the price of LED, 60% above its cost price and – McqOptions

MCQOPTIONS

1.	The shopkeepers mark up the price of LED, 60% above its cost price and give three successive discounts of 12.5%, d% and 25%. If shopkeeper made a loss of 16% on LED, then find the second discount allowed by the shopkeeper.
A.	20%
B.	16%
C.	17.50%
D.	16.33%
E.	18%
Answer» B. 16%

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