Mr X sold an item to Mr Y at 8% discount on print rate. The discount value was 710304. If the print rate includes 12% profit on the purchase cost, what is the purchase cost ?
A). Rs. 10,000
B). Rs. 20,000
C). Rs. 30,000
D). Rs. 40,000
Rs. 10,000
Cost price = 10304 x 100/92 x 100/112 = Rs 10000