Answer:
MP = Rs. 1500
SP = Rs. 1230
Step-by-step explanation:
Let the Cost Price (CP) be x
<u>Then Market Price (MP):</u>
<u>Discounted Selling Price (SP):</u>
- SP = MP - 18% = 0.82*1.2x = 0.984x
<u>Since the difference between CP and SP is Rs.20:</u>
- x - 0.984x = 20
- 0.016x = 20
- x= 20/0.016
- x = 1250
<u>Then:</u>
and
- SP = 1500*0.82 = Rs. 1230
hopefully this helps
Step-by-step explanation:
sorry if this not what you are looking for
Answer:
$2475 or $1875
Step-by-step explanation:
Assuming the question meant to say $25 less than the original price, it would be $2475 because $2500-$25= $2475
However, if the question meant to say that Sam bought the iron for 25% less than the original price, it would be $1875 because 2500*0.25= $625
$2500-$625= $1875