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 ?
Show answer & explanation
Correct answer: D
Explanation
SP of object = Rs 2100
MP of object = (2100×100)/75 = 2800
CP of object = (2800×100)/140 = Rs 2000