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LIC AAO Model Paper 9 with solutions for free online practice

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Question : 37

Total: 160

A shopkeeper marked the price of an article 12.5% more than its cost price. Mr. Sharma purchased die same article at a discount of 20% on the marked price of the article but also paid VAT of 12% on the discounted price. Mr. Sharma then gave the article to his cousin for Rs. 5200 and thereby earned a profit of 30% on the original cost price of the product. At what price did Mr. Sharma purchase the article from the shopkeeper ?

Rs. 4400
Rs. 4500
Rs. 4000
Rs. 4132
Rs. 4032

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