state gov Kolkata Police SI Mock Test 2023 Quantitative Aptitude Profit and Loss Discount and MP

If the ratio of Cost Price and Marked Price of an article is 3 ∶ 5 and a discount of 20% is offered on MP, the shopkeeper makes a profit of Rs. 50. Find the cost price of the article?

1
Rs. 120
2
Rs. 110
3
Rs. 150
4
Rs. 160
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