A shopkeeper sells an item for Rs. 492 after allowing 18% discount on its marked price. Had he not allowed any discount he would have earned a profit of 20% on the cost price. What is the cost price of the item?

A shopkeeper sells an item for Rs. 492 after allowing 18% discount on

1.	A shopkeeper sells an item for Rs. 492 after allowing 18% discount on its marked price. Had he not allowed any discount he would have earned a profit of 20% on the cost price. What is the cost price of the item?
A.	Rs. 640
B.	Rs. 540
C.	Rs. 500
D.	Rs. 600
Answer» D. Rs. 600

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A shopkeeper sells an item for Rs. 492 after allowing 18% discount on its marked price. Had he not allowed any discount he would have earned a profit of 20% on the cost price. What is the cost price of the item?

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