A shopkeeper increases the price of an object by 40% and then sells i…

Question

A shopkeeper increases the price of an object by 40% and then sells it at 25% discount on the marked price. If the selling price of such an object be Rs. 2100, its cost price for the shopkeeper was?

Accepted Answer

Option D. Rs. 2000. Answer & Solution Answer: Option D Solution: Let cost price of the article is 100 So, marked price = 140% of 100 = 140100 × 100 = 140 Now, give 25% discount So, Selling price & = 140 - 25\% of 140 & = 140 - 1/4 × 140 = 105 & 105 2100 & 1 20 & 100 20 × 100 & \,\,\,\,\,\,\,\,\,\,\…