A shopkeeper increases the price of an object by 40 and then sells it at 25 discount on the marked p...........

Quantitative Aptitude (CGL) Profit and loss

A shopkeeper increases the price of an object by 40% and then sells it at 25% discount on the marked price. If the selling price of such an object be Rs.

2100, its cost price for the shopkeeper was ?

3000

1500

1750

2000

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Explanation:

Let CP of the articles is 100
So, MP = 140% of 100
=140/100×100=140
Now, give 25% discount
So, SP = 140 - 25% of 140
=140−1/4×140
= 105
105→2100
1→20
100→20×100
= Rs. 2000