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A dealer has paid Rs. 120 for a pair of shoes. He sold it to a customer at loss of $20 %$ , then the selling price is

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Rs. 86

Rs. 96

Rs. 56

Rs. 66

answer is B.

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Detailed Solution

S.P

= \frac{100 - loss%}{100} \times

C.P

$= \frac{100 - 20}{100} \times 120 = \frac{80}{100} \times 120$

$=$ Rs. 96

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