Mathematics
NULL
Medium
Question
A shopkeeper earns 10% profit after a 20% discount on the marked price. If MP is Rs 880, what is the cost price?
A
Rs. 704
B
Rs. 640
C
Rs. 774
✓ Official correct answer
D
Rs. 680
Community credibility
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A
Rs. 704
No member explanations yet for this option.
B
Rs. 640
No member explanations yet for this option.
C
Rs. 774
No member explanations yet for this option.
D
Rs. 680
No member explanations yet for this option.
Explanation
SP = 880×0.8 = 704; CP = 704/1.1 = Rs 640. The marked option is Rs 774.