Question
A trader marked an item 60% above
its cost price and sold it for Rs. 2400 after offering a 25% discount. What was the cost price of the item?Solution
ATQ, Let the cost price of the item be Rs. 'x'. So, 0.75 Γ 1.60 Γ x = 2400 Or, x =2400/1.2 x = Rs.2000
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