A shopkeeper marks an article at such a price that after allowing a discount of 30% on the tag price (including tax) he makes a profit of 40%. If, the tag price of the article including tax is Tic 460, then the cost price of that article is -<br>

1. A shopkeeper marks an article at such a price that after allowing a discount of 30% on the tag price (including tax) he makes a profit of 40%. If, the tag price of the article including tax is Tic 460, then the cost price of that article is -

[MTB Management Trainee -2013 : 2013]

1. 232

2. 260

3. 230

4. 330

5. None of these

Answer

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