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    Question

    A shopkeeper marks an article 25% above cost price and

    gives a discount of 12% on the marked price. If his profit is Rs 180, then the cost price is:
    A 1520 Correct Answer Incorrect Answer
    B 1800 Correct Answer Incorrect Answer
    C 1770 Correct Answer Incorrect Answer
    D 1200 Correct Answer Incorrect Answer

    Solution

    Let cost price = 100 Marked price = 125 Selling price after 12% discount: 125 x 88/100 = 110 So profit = 10% If 10% profit = Rs 180, then cost price = 180 x 100/10 = 1800

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