A shopkeeper sold an article for ₹3,750. If he had charged 24% less, even then he would have earned a profit of 14%. What is the original cost of the article?
Answer & explanation
Correct answer: option 4
CP SP
100 - D% 100 + P%
100 - 24% 100 + 14%
76 114
114x = 3750
then, 76x = ₹2500 original cost price