After allowing 10% discount on the marked price of an article, a person makes a profit of 16%. If the cost price of the article is ₹648, then its marked price is:
Answer & explanation
Correct answer: option 3
CP MP
100 - D% 100 + P%
100 - 10% 100 + 16%
90 116
90x = 648
then, 116x = ₹835.20