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    Question

    A shopkeeper marked an article Rs. 200 above the cost

    price and sold it after giving two successive discounts of 12% and 18% respectively, and faces a loss of Rs. 64. Cost price of the article is:
    A Rs.748 Correct Answer Incorrect Answer
    B Rs.536 Correct Answer Incorrect Answer
    C Rs.500 Correct Answer Incorrect Answer
    D Rs.400 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the cost price of the article be Rs. ‘x’. Marked price of the article = Rs. x+200. According to the question: x−64=0.88×0.82×(x+200) x−64=0.7216x+144.32 0.2784x=208.32 x=748

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