A shopkeeper makes a profit of 20% by selling an item at a certain rate. If he charges `8 more on each item, he earns a profit of 60%. What is the cost price of the item ?

A shopkeeper makes a profit of 20% by selling an item at a certain

1.	A shopkeeper makes a profit of 20% by selling an item at a certain rate. If he charges `8 more on each item, he earns a profit of 60%. What is the cost price of the item ?
A.	Rs. 18
B.	Rs. 20
C.	Rs. 22
D.	Rs. 27
Answer» C. Rs. 22

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A shopkeeper makes a profit of 20% by selling an item at a certain rate. If he charges `8 more on each item, he earns a profit of 60%. What is the cost price of the item ?

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