Question

Ratio of the cost price of article ‘A’ to ‘B’ is 8:7, respectively. Article ‘A’ is marked up by 46% above its cost price and then sold at a discount of 20%. If the profit earned on article ‘A’ is Rs. 537.6, then find the cost price of article ‘B’.

A Rs. 2800
B Rs. 2900
C Rs. 2500
D Rs. 2700
E None of these
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