Question

    A shopkeeper marked an article Rs. 640 above its cost

    price and sold it after giving a discount of 25% and earned a profit of 35%. Find the cost price of the article
    A Rs. 810 Correct Answer Incorrect Answer
    B Rs. 870 Correct Answer Incorrect Answer
    C Rs. 800 Correct Answer Incorrect Answer
    D Rs. 1190 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let cost price of the article is Rs. 100x So, 1.35 × 100x = 0.75 × (100x + 640) Or, 135x = 75x + 480 Or, 60x = 480 Or, x = 8 Cost price of the article = 100 × 8 = Rs. 800

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