document.write( "Question 1102224: The marked price of an article is Rs 720. A shopkeeper gives a discount of 20% and still makes a profit of 20%. What is the cost price (in Rs) of the
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document.write( "1) 480
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document.write( "2) 560
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document.write( "3) 450
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document.write( "4) 600
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Algebra.Com's Answer #716869 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! Price is 720, and 20% off is 720*0.80 or 576, the sales price \n" ); document.write( "That is a profit of 20%, so 576 is 1.2 times the cost price \n" ); document.write( "576/1.2=480 ANSWER. \n" ); document.write( "1) \n" ); document.write( "profit is increase/original amount=20%. That is 96/480 so the selling price is 576. \n" ); document.write( "The discount is taken from the original price as well, and that is 720. \n" ); document.write( " |