The marked price of an article is ₹840. A shopkeeper gives a discount of 15% on the marked price and still makes a profit of 19%. What is the cost price of the article?
Answer & explanation
Correct answer: option 3
CP MP
100 - D% 100 + P%
100 - 15% 100 + 19%
85 119
119x = 840 Given
85x = ₹600