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      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 Correct Answer Incorrect Answer
      B Rs.2,330 Correct Answer Incorrect Answer
      C Rs.1,745 Correct Answer Incorrect Answer
      D Rs.5,760 Correct Answer Incorrect Answer
      E none of these Correct Answer Incorrect Answer

      Solution

      ATQ, Marked price = Rs. (u + 2800),

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