Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Quantitative Aptitude Profit and Loss Discount and MP

A shopkeeper sells an item at a discount of 40% on the item’s listed price of Rs. 1500. He still makes a profit of 20% on the original cost of the item. What is the original cost of the item?

1
Rs. 500
2
Rs. 750
3
Rs. 600
4
Rs. 1080
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