A merchant marked the price of an article by increasing its production – McqOptions

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1.	A merchant marked the price of an article by increasing its production cost by 40%. Now he allows 20% discount and gets a profit of Rs. 48 after selling it.The production cost is
A.	Rs. 320
B.	Rs. 360
C.	Rs. 400
D.	Rs. 440
Answer» D. Rs. 440

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