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    Question

    A shopkeeper marked an article Rs. 540 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. 625 Correct Answer Incorrect Answer
    B Rs. 635 Correct Answer Incorrect Answer
    C Rs. 678 Correct Answer Incorrect Answer
    D Rs. 675 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 + 540) Or, 135x = 75x + 405 Or, 60x = 405 Or, x = 6.75 Cost price of the article = 100 × 6.75 = Rs. 675

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