A shopkeeper allows 10% discount on the marked price of an article and still makes a profit of 8%. If the marked price is Rs. 480, then what is the cost price (in Rs) of the article?

A shopkeeper allows 10% discount on the marked price of an article and

1.	A shopkeeper allows 10% discount on the marked price of an article and still makes a profit of 8%. If the marked price is Rs. 480, then what is the cost price (in Rs) of the article?
A.	350
B.	400
C.	360
D.	420
Answer» C. 360

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A shopkeeper allows 10% discount on the marked price of an article and still makes a profit of 8%. If the marked price is Rs. 480, then what is the cost price (in Rs) of the article?

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