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      Question

      The marked price of an article is Rs. 15,500, and it is

      sold at a 22% discount. The profit made on selling the article is Rs. 1,250. What is the cost price of the article?
      A Rs.13,700 Correct Answer Incorrect Answer
      B Rs.15,000 Correct Answer Incorrect Answer
      C Rs.10,840 Correct Answer Incorrect Answer
      D Rs.20,500 Correct Answer Incorrect Answer

      Solution

      ATQ,

      Selling price of article = 0.78 × 15,500 = Rs. 12,090

      Therefore, cost price of article = 12,090 - 1,250 = Rs.10,840

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