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A shopkeeper marks his goods 40% above t...

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

A

Rs. 264

B

Rs. 164

C

Rs. 200

D

Rs. 800

Text Solution

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The correct Answer is:
D
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