Question

In a shop a saree worth ₹2000 was sold with 1/5 off. At what price was it sold?

Answer 1

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MP = 100/(100-D%) x SP

2000 = 100/90 x SP

SP = 180000/100

SP = 1800

Profit = 20%

120% of CP = 1800

120/100 x CP = 1800

CP = 180000/120

CP = 1500