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Itc Limited Detailed Solution Essay Preview: Itc Limited Detailed Solution Report this essay 1.Ans: [d]Solution: C.P=100 If 5% discount is given S.P=95 which is less thanC.P, then loss will be occured2.Ans: [b]Solution: Since there is no discount selling price should be equal to M.P And retailer is getting 8% progit and distributor 2%. So, total profit.