Mathematics · Profit and Loss
A dealer marks an article 60% above the cost price and sells it to a customer allowing two successive discounts of 10% and 20% on the marked price. If he gains Rs. 1,064 in the transaction, the cost price (in Rs.) of the article is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 17,200
- 26,300
- 37,000✓
- 48,400
Correct answer
7,000
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