campus placement eLitmus Test Series Quantitative Aptitude Profit and Loss Discount and MP

If the discount of 10% is given on the marked price of a radio, the gain is 20%. If the discount is increased to 20% the gain is:-

1
\(6\frac{1}{4}\%\)
2
5%
3
\(7\frac{5}{8}\%\)
4
\(6\frac{2}{3}\%\)
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