Quantitative Aptitude Profit and Loss Discount and MP

Raghu bought an article for Rs. 6800 and spent Rs. 700 on its repairs. He marked this article at 8% above the overall cost price. He sold the article for Rs. 6,480 after giving x% discount. The value of x is:

1

18%

2

20%

3

25%

4

15%

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