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An article was sold for Rs.14000. Had a discount of 10% was offered, a profit of 5% would have been made. What is the cost price?
Question

An article was sold for Rs.14000. Had a discount of 10% was offered, a profit of 5% would have been made. What is the cost price?

A.

Rs.12000

B.

Rs.12600

C.

Rs.11500

D.

Rs.12500

Correct option is A

Marked price=Rs. 14000,\text{Marked price} = Rs. \ 14000,

Discount=10%\text{Discount} = 10\%

Profit=5%\text{Profit} = 5\%

Selling price=14000×90100\text{Selling price} = 14000 \times \frac{90}{100} =Rs. 12,600= Rs. \ 12,600

Cost price=Rs. 12,600×100105=Rs. 12,000\text{Cost price} = \frac{Rs. \ 12,600 \times 100}{105} = Rs. \ 12,000​​​​​​

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