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      Question

      A shopkeeper marked his goods 30% above the cost price

      and earned a profit of Rs. 14 after selling it by giving a discount of 22%. Find the cost price of the article
      A Rs. 1000 Correct Answer Incorrect Answer
      B Rs. 1200 Correct Answer Incorrect Answer
      C Rs. 1300 Correct Answer Incorrect Answer
      D Rs. 1400 Correct Answer Incorrect Answer

      Solution

      Let cost price of the article is Rs. тАШxтАЩ Marked price of the article = 1.3 ├Ч x = Rs. 1.30x Selling price of the article = 0.78 ├Ч 1.30x = Rs. 1.014x So, 1.014x тАУ x = 14 Or, 0.014x = 14 Or, x = 1000 So, cost price of the article = Rs. 1000

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