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A trader fixed the price of an article in such a way that by giving a rebate of 10% on the price fixed he made a profit of 15%. If the cost of the article is Rs 72, the price fixed on it is

A trader fixed the price of an article in such a way that by giving a rebate of 10% on the price fixed he made a profit of 15%. If the cost of the article is Rs 72, the price fixed on it is

(a)

Rs 82.80

(b)

Rs 90.00

(c)

Rs 92.00

(d)

Rs 97.80

Answer:

Explanation