Mohit sold an article for Rs. 18000. Had he offered a discount of 16% on the selling price, he would have earned a profit of 8%. What is the cost price of the article?	Choose the correct choice from the following:
A) 14000  B) 27767  C) 16688  D) 26678  E) 19987
Let the CP be Rs. x.   Had he offered 16% discount, profit = 8%   Profit = 8/100 x and hence his SP = x + 8/100 x = Rs. 1.08x = 18000 - 16/100(18000) = Rs. 15120   =&gt; 1.08x = 15120   =&gt; x = 14000   \14000nswer: 14000
<result>A</result>
Mohit sold an article for Rs. 18000. Had he offered a discount of 16% on the selling price, he would have earned a profit of 8%. What is the cost price of the article?