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? Pick:	A) Rs.15000	B) 15002	C) 26879	D) 26992	E) 12681
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   Rs.15000nswer: Rs.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?