A shopkeeper marks the price of the article in such a way that after allowing 28% discount, he wants a gain of 12%. If the marked price is ₹224. then the cost price of the article is:
Answer & explanation
Correct answer: option 2
CP MP
100 - D% 100 + P%
100 - 28% 100 + 12%
72 112
112x = 224
then, 72x = ₹144