The marked price of an article is Rs. 700. A shopkeeper gives a discount of 20% and still makes a profit of 40%. What is the cost price (in Rs.) of the article?

The marked price of an article is Rs. 700. A shopkeeper gives a discou

1.	The marked price of an article is Rs. 700. A shopkeeper gives a discount of 20% and still makes a profit of 40%. What is the cost price (in Rs.) of the article?
A.	400
B.	450
C.	300
D.	350
Answer» B. 450