Question
A shopkeeper marks his goods 40% above the cost price. He allows a discount of 5% for cash payment to his customers. He receives Rs.1064 after paying the discount. His profit is
Answer: Option A
Answer: (a)Cost price of article = Rs.x$x × 140/100 × 95/100 = 1064$$x = {1064 × 100 × 100}/{140 × 95}$ = Rs.800
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Answer: (a)Cost price of article = Rs.x$x × 140/100 × 95/100 = 1064$$x = {1064 × 100 × 100}/{140 × 95}$ = Rs.800
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