Profit and loss

Quantitative Aptitude ( CCS)

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A dealer offers a discount of 10% on the marked price of an article and still makes a profit of 20%. If its marked price is Rs. 800, then the cost price of the article is ?

Rs.900

Rs.600

Rs.720

Rs.800

Explanation:

mp=800
sp=800*90/100=720
cp=720/1.2=600

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