A dealer offers his customers 10% discount and still makes a profit of 44%. What is the actual cost to him of an article marked Rs. 23200?
A dealer offers his customers 10% discount and still makes a profit of 44%. What is the actual cost to him of an article marked Rs. 23200?
Option 1 -
Rs. 12000
Option 2 -
Rs. 14500
Option 3 -
Rs. 13500
Option 4 -
Rs. 16500
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1 Answer
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Correct Option - 2
Detailed Solution:f CP = 100, MP = (100 + 44) * = 160
If MP = 23200, CP = 23200 * = 14500
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