A shopkeeper sells an item for ₹770.7 after giving two successive discounts of 58% and 80% on its marked price. Had he not given any discount, he would have…
A shopkeeper sells an item for ₹770.7 after giving two successive discounts of 58% and 80% on its marked price. Had he not given any discount, he would have earned a profit of 25%. What is the cost price (in ₹) of the item?
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Correct answer: (D) 7340