Mohit sold an article for Rs. 18000. Had he offered a discount of 10% 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 choices: A) 15000 B) 28277 C) 12002 D) 28821 E) 12000
Explanation:   Let the CP be Rs. x.   Had he offered 10% discount, profit = 8%   Profit = 8/100 x and hence his SP = x + 8/100 x = Rs. 1.08x = 18000 - 10/100(18000) = 18000 - 1800 = Rs. 16200   =&gt; 1.08x = 16200   =&gt; x = 15000   15000nswer:15000
<result>A</result>
Mohit sold an article for Rs. 18000. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price of the article?