1.

A dealer marked the price of an item 40% above the cost price. Once he gave successive discounts of 20% and 25% to a particular customer. As a result, he incurred a loss of ₹448. At what price did he sell the item to the mentioned customer?A. ₹2416B. ₹2352C. ₹2268D. ₹2152

Answer» Correct Answer - B
Let the cost price of the itms be 100.
`underset(CP)100overset(40%uarr)to underset(MP)140overset(20%uarr)to112overset(25darr)to underset(SP)84`
`therefore` Loss = 16% and Loss = ₹ 448
`therefore CP = (448 xx 100)/(16) = ₹ 2800 `
`therefore SP = (2800 xx 84)/(100) = ₹ 2352`


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