Marked 30% above cost with 10% discount, a seller earns 340 profit. The cost (rupees) is
A1,800
B2,000
C2,500
D2,200
Answer & Solution
Correct answer: B. 2,000
Sale price is 1.17 times the cost, so profit is 0.17 of cost; 340/0.17 = 2,000.
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