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
\n" ); document.write( "article?
\n" ); document.write( "1) 480
\n" ); document.write( "2) 560
\n" ); document.write( "3) 450
\n" ); document.write( "4) 600
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #716869 by Boreal(15235)\"\" \"About 
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( "
\n" );