A shopkeeper gives a discount of 25% on a purse. If he gives a discount of 37%, he earns ₹120 less in profit. Find the marked price.
Answer & explanation
Correct answer: option 2
First discount = 25%
If he gives 37% discount then the difference between the discounts is 37% - 25% = 12%
12% of MP = 120
100% of MP = Rs.1000