Mr X sold an item to Mr Y at 8% discount on print rate. The discount value was 710304. If the print rate includes 12% profit on the purchase cost, what is the purchase cost ?

Mr X sold an item to Mr Y at 8% discount on print rate. The discoun

1.	Mr X sold an item to Mr Y at 8% discount on print rate. The discount value was 710304. If the print rate includes 12% profit on the purchase cost, what is the purchase cost ?
A.	Rs. 10,000
B.	Rs. 20,000
C.	Rs. 30,000
D.	Rs. 40,000
Answer» B. Rs. 20,000

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Mr X sold an item to Mr Y at 8% discount on print rate. The discount value was 710304. If the print rate includes 12% profit on the purchase cost, what is the purchase cost ?

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