CSATPercentage, Profit & LossProfit Loss and Discount2016

A person allows a 10% discount for cash payment from the marked price of a toy and still he makes a 10% gain. What is the cost price of the toy which is marked Rs. 770 ?

A

Rs. 610

B

Rs. 620

C

Rs. 630

D

Rs. 640

Correct Answer: Option C

Explanation

Let's break this down into simple steps, just like an aspirant would in the exam hall. First, let's find out the actual selling

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