Mohit sold an article for $27000. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price of the article?  Choose one
A) 16000	B) 22500	C) 15000	D) 18000	E) 17000

Rationale: "let the cp be $ x . had he offered 10 % discount , profit = 8 % profit = 8 / 100 x and hence his sp = x + 8 / 100 x = $ 1.08 x = 27000 - 10 / 100 ( 27000 ) = 27000 - 2700 = $ 22500 = > 1.08 x = 22500 = > x = 22500 b"
Answer: B