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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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