Question

A shopkeeper declares a 20% discount on his goods and sells it at a profit of
25%. What is the cost price of the goods if the marked price quoted is Rs 2000?
97
Financial A
be​

Answer 1

Answer:

Rs. 1200

Step-by-step explanation:

So as there is 20% discount

100% - 20% = 80%

80% of 2000 = 1600

Hence, 1600 is the marked price. And if the shopkeeper makes 25% of the marked price then,

100% - 25% = 75%

75% of 1600 = 1200