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    Question

    In a stock clearance sale, a shopkeeper gives 40% off on

    all his items. He incurs a loss of 25% by selling an item of marked price Rs. 2,000/-. Which one of the following is the cost price of the item?
    A Rs. 1,800/- Correct Answer Incorrect Answer
    B Rs. 1,200/- Correct Answer Incorrect Answer
    C Rs. 1,600/- Correct Answer Incorrect Answer
    D Rs. 1,400/- Correct Answer Incorrect Answer

    Solution

    ATQ,

    Marked price = ₹2000 40% discount means item sold at 60% of ₹2000 → Selling price = ₹1200 Loss is 25%, so ₹1200 is 75% of the cost price To find cost price: ₹1200 ÷ 75 × 100 = ₹1600 Cost price = ₹1600

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