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Question

'A' purchased an article and sold it to 'B' at 10% profit. 'B' marked it up by 27% above the price at which 'A' has purchased it and then sold it after giving a discount of Rs. 1400. If 'B' suffered a loss of 10% in the transaction, then find the cost price of the article for 'A'.

A Rs. 5500

B Rs. 5300

C Rs. 5000

D Rs. 5400

E None of these

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