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      Question

      A shopkeeper marked his goods 32% above the cost price

      and earned a profit of Rs. 35 after selling it by giving a discount of 20%. Find the cost price of the article
      A Rs. 605 Correct Answer Incorrect Answer
      B Rs. 620 Correct Answer Incorrect Answer
      C Rs. 625 Correct Answer Incorrect Answer
      D Rs. 635 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Let cost price of the article is Rs. β€˜x’ Marked price of the article = 1.32 Γ— x = Rs. 1.32x Selling price of the article = 0.8 Γ— 1.32x = Rs. 1.056x So, 1.056x – x = 35 Or, 0.056x = 35 Or, x = 625 So, cost price of the article = Rs. 625

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