What profit shopkeeper made on article?
I. Shopkeeper sold article on 5% discount at Rs.7600.
II. If shopkeeper sold article on marked price, he would made a profit of 25%.
Answer : Option C
Explanation : Form I -
Selling price of article Rs.
Marked price of article Rs.
From II -
Cost price Rs 6400
From I & II –
Profit of shopkeeper = 7600 – 6400 = 1200 Rs.
So, statement I and statement II together required to answered the question
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