Mohit sold an article for Rs. 18000. Had he offered a discount of 25% 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) 12500
B) 27767
C) 16688
D) 26678
E) 19987
Let the CP be Rs. x.   Had he offered 25% discount, profit = 8%   Profit = 8/100 x and hence his SP = x + 8/100 x = Rs. 1.08x = 18000 - 25/100(18000) = Rs. 13500   =&gt; 1.08x = 13500   =&gt; x = 12500   \12500nswer: 12500
<result>A</result>
Mohit sold an article for Rs. 18000. Had he offered a discount of 25% on the selling price, he would have earned a profit of 8%. What is the cost price of the article?