Question

A shop owner bought merchandise for Rs. 'u'. He then marked the price up by Rs. 2,800 above the purchase price and sold it after applying two sequential discounts of 20% and 10%. Calculate the selling price if the shop owner obtained a profit of Rs. 560 in this sale.

A Rs.3,580
B Rs.2,330
C Rs.1,745
D Rs.5,760
E none of these
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