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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 Ă— 100x = 0.78 Ă— (100x + 800) Or, 130x = 78x + 624 Or, 52x = 624 Or, x = 12 Cost price of the article = 100 Ă— 12 = Rs. 1200

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