Mohit sold an article for Rs. 18000. Had he offered a discount of 13% on the selling price, he would have earned a profit of 8%. What is the cost price of the article?
Pick one: A) 14500 B) 27767 C) 16688 D) 26678 E) 19987
Let the CP be Rs. x.   Had he offered 13% discount, profit = 8%   Profit = 8/100 x and hence his SP = x + 8/100 x = Rs. 1.08x = 18000 - 13/100(18000) = Rs. 15660   =&gt; 1.08x = 15660   =&gt; x = 14500   \14500nswer: 14500
<result>A</result>
Mohit sold an article for Rs. 18000. Had he offered a discount of 13% on the selling price, he would have earned a profit of 8%. What is the cost price of the article?