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The marked price of a article is Rs. 4000. If the shopkeeper sold the article at 10% discount but still got a profit of 20%, find the cost price of the article.1. Rs. 32002. Rs. 28803. Rs. 30004. Rs. 3300 |
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Answer» Correct Answer - Option 3 : Rs. 3000 Given: Marked price = Rs. 4000 Discount = 10% Profit = 20% Formula used: SP = MP × [(100 – Discount%)/100] CP = SP × [100/(100 + Gain%)] Calculation: SP = Rs. 4000 × (90/100) ⇒ Rs. 3600 CP = Rs. 3600 × (100/120) ⇒ Rs. 3000 ∴ The cost price of article is Rs. 3000 |
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