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A businessman allows 25% discount on his advertised price and mak...

Armed Forces Police Intelligence Exams Quizzes MCQ Quizzes Armed Forces Intelligence Computerized Initial Test 16

Question:
A businessman allows 25% discount on his advertised price and makes a profit of 20% what is the advertised price of the machine of which his cost is rs.15,000?

Option A):
Rs.25,000
Option B):
Rs.30,000
Option C):
Rs.24,000
Option D):
Rs.26,000

Correct Answer is Option C):
Rs.24,000