Mathematics · Profit and Loss
The profit earned on an article when it is sold for Rs. 672 is 25% more than the loss incurred when it is sold for Rs. 470.4. If a person marked up the article by 50% on its cost price and sold it after allowing two successive discounts of 20%, find the selling price of the article.
- 1Rs. 538.7
- 2Rs. 537.6✓
- 3Rs. 536.5
- 4Rs. 534.4
Correct answer
Rs. 537.6
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