A) Rs. 16000
B) Rs. 8000
C) Rs. 10000
D) Rs. 5000
Correct Answer: B
Solution :
Let the labelled price \[=Rs.\,x\] According to question, \[5%\,\,\text{of}\,\,x=500\] \[\Rightarrow \] \[x=\frac{500\times 100}{5}=10000\] \[\therefore \] Cost price \[=\frac{10000\times 80}{100}\] \[=Rs.\,8000\]You need to login to perform this action.
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