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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