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    Question

    The marked price of an article is Rs. 13,400, and it is

    sold at a 12% discount. The profit made on selling the article is Rs. 1,060. What is the cost price of the article?
    A Rs.13,990 Correct Answer Incorrect Answer
    B Rs.15,000 Correct Answer Incorrect Answer
    C Rs.14,925 Correct Answer Incorrect Answer
    D Rs.10,732 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Selling price of article = 0.88 × 13,400 = Rs. 11,792

    Therefore, cost price of article = 11,792 - 1,060 = Rs. 10,732

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