Teaching EMRS JSA (Junior Secretariat Assistant) Mock Test Series 2023 Quantitative Aptitude Profit and Loss Discount and MP
A shopkeeper by mistake marked the product at 10% above the cost price and gives 40% discount to his customer and incurred some loss. If the correct marked price is 40% above the cost price and correct discount is of 10%, he gains some profit. If the loss is Rs.240 more than the profit, then what is the cost price of the product?
1
Rs.3000
2
Rs.2400
3
Rs.2000
4
Rs.2800