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    4. Profit and loss
    5. An article was marked 40% above the cost price and sold after a discount of Rs. 560. If the selling

    Question

    An article was marked 40% above the cost price and sold

    after a discount of Rs. 560. If the selling price of the article is Rs. 1120, then find the cost price of the article.
    A Rs 1000 Correct Answer Incorrect Answer
    B Rs 1120 Correct Answer Incorrect Answer
    C Rs 1300 Correct Answer Incorrect Answer
    D Rs 1200 Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 1120 + 560 = Rs. 1680
    Cost price of the article = 1680 / 1.4 = Rs. 1200

    Practice Next
      More Profit and loss Questions
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          Conclusion: I. J > X                    II. D < N

      ...
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      Conclusions: I. P < S

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    • Statements:

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    • Statement: X=Y≤Z>T; T>Q ; X ≥R

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      ...

    Relevant for Exams:

    • SSC CGL

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