A shopkeeper earns a profit of 10% after allowing a discount of 20% on the marked price. The cost price of the article whose marked price is Rs. 880, is =_______ ?

MCQs Preparation, Maths MCQs, Mocks, Selected MCQs /

A. Rs. 704
B. Rs. 640
C. Rs. 774
D. Rs. 680

B. Rs. 640

Market price of the article = Rs. 880

After discount selling price of the article = (880×80)/100
After discount selling price of the article = Rs. 704

Cost price of the article = (704×100)/110
Cost price of the article = Rs. 640

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