Question

    Mohan sold an article for Rs. 15,000. Had he offered a

    discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price?
    A Rs.12,500 Correct Answer Incorrect Answer
    B Rs.13,500 Correct Answer Incorrect Answer
    C Rs.12,250 Correct Answer Incorrect Answer
    D Rs.13,250 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Selling Price = 15000 After Discount = 15000 – 10% of 15000 = 13500 now 8% = 2/25 Selling Price = 25 + 2 units = 27 units = 13500 1 unit = 500 25 unit = 500 × 25 = 12500

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