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A dealer offers a discount of 10% on the...

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 :

A

Rs. 900

B

Rs. 800

C

Rs. 700

D

Rs. 600

Text Solution

Verified by Experts

The correct Answer is:
D
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Knowledge Check

  • After allowing a 10% discount on the marked price of an article, a dealer makes a profit of 5%. What is the marked price, if the cost price of the article is ₹300?

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