The marked price of an article is ₹2720. If a shopkeeper sold the article at 15% loss after giving 25% discount, then the cost price (in ₹) of the article is:
Answer & explanation
Correct answer: option 2
Marked price of an article is ₹2720
If the MP = 100
CP SP
(100 - D%) (100 - L%)
(100 - 25%) (100 - 15%)
(75) (85)
If, 85x = 2720 (Given)
x = 32
Then, 75x = 2400