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      Question

      A shopkeeper marked an article Rs. 800 above its cost

      price and sold it after giving a discount of 22% and earned a profit of 30%. Find the cost price of the article
      A Rs. 1000 Correct Answer Incorrect Answer
      B Rs. 1250 Correct Answer Incorrect Answer
      C Rs. 1200 Correct Answer Incorrect Answer
      D Rs. 1280 Correct Answer Incorrect Answer

      Solution

      Let cost price of the article is Rs. 100x So, 1.30 Γ— 100x = 0.78 Γ— (100x + 800) Or, 130x = 78x + 624 Or, 52x = 624 Or, x = 12 Cost price of the article = 100 Γ— 12 = Rs. 1200

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