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Question

Quantitative Ability and Data Interpretation Question on Profit and Loss

An article is marked xx% above the cost price. A discount of 23x\frac{2}{3} x% is given on the marked price. If the profit is 4% of the cost price and the value of xx lies between 25 and 50, then the value of 50% of xx is?

A

12

B

16

C

13

D

15

E

20

Answer

15

Explanation

Solution

The correct option is (D) :15.