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Discussion :: Profit and Loss

  1. Mohit sold an article for Rs. 18000. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price of the article?
    2. A.
    Rs. 15000
    B.
    Rs. 16200
    C.
    Rs. 14700
    D.
    Rs. 15900
    E.
    None of these

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    Answer : Option A

    Explanation :

    Let the CP be Rs. x.

    Had he offered 10% discount, profit = 8%

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