A shirt was initially listed at a price that would have given the store a profit of 20 percent of the wholesale cost. After reducing the asking price by 10 percent. the dress sold for a net profit af Th. 100 what was the wholesale cost of the shirt?
A Tk 2500
B Tk 1250
C Tk. 1000
D Tk 2000
Solution
Correct Answer: Option B
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