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A store initially sold a product for Rs.1200, but due to a discount, the selling price was reduced to Rs.960. What was the percentage discount offered
Question

A store initially sold a product for Rs.1200, but due to a discount, the selling price was reduced to Rs.960. What was the percentage discount offered to the product?

A.

15%

B.

20%

C.

25%

D.

30%

Correct option is B


The discount is Rs.240 (1200 - 960). The percentage discount is (240 / 1200) * 100 = 20%.

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