Company marks a article 25% above the cost price and sold it at Rs 6480 by giving two successive discounts of 20% and 10% each. Find cost price of product and loss/ profit %.
1
Rs 8500, loss of 20%
2
Rs 7200, Loss of 10%
3
Rs 6400, Loss of 10%
4
Rs 7200, Profit of 10%
5
Rs 6400, Profit of 10%