A merchant marked the price of an article by increasing its production cost by 40%. Now he allows a 20% discount and gets a profit of Rs. 48 after selling it. The production cost is:

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

1.	A merchant marked the price of an article by increasing its production cost by 40%. Now he allows a 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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A merchant marked the price of an article by increasing its production cost by 40%. Now he allows a 20% discount and gets a profit of Rs. 48 after selling it. The production cost is:

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