A company sold an article worth Rs. 1000 to a dealer at 10% profit. The dealer sold it to a sub-dealer retaining a profit of 10%. The sub-dealer sold it to his customer at a profit of 10%. What was the cost price for the customer?

A company sold an article worth Rs. 1000 to a dealer at 10% profit. Th

1.	A company sold an article worth Rs. 1000 to a dealer at 10% profit. The dealer sold it to a sub-dealer retaining a profit of 10%. The sub-dealer sold it to his customer at a profit of 10%. What was the cost price for the customer?
A.	Rs. 1,331.00
B.	Rs. 1,300.00
C.	Rs. 1,464.10
D.	Rs. 1,210.00
Answer» B. Rs. 1,300.00

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A company sold an article worth Rs. 1000 to a dealer at 10% profit. The dealer sold it to a sub-dealer retaining a profit of 10%. The sub-dealer sold it to his customer at a profit of 10%. What was the cost price for the customer?

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