A sofaset carrying a sale-price ticket of Rs. 5,000 is sold at a discount of 4%, thereby the trader earns a profit of 20%. The trader's cost price of the sofaset is:
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Question:
A sofaset carrying a sale-price ticket of Rs. 5,000 is sold at a discount of 4%, thereby the trader earns a profit of 20%. The trader's cost price of the sofaset is:
1. Rs. 4,200
2. Rs. 4,000
3.Rs. 3,600
4.Rs. 3,800
Answer:2
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