A dealer marked the price of an item 40% above the cost price. He allowed two successive discounts of 20% and 25% to a particular customer. As a result he incurred a loss of Rs. 448. At what price did he sell the item to the said customer?

A dealer marked the price of an item 40% above the cost price. He allo

1.	A dealer marked the price of an item 40% above the cost price. He allowed two successive discounts of 20% and 25% to a particular customer. As a result he incurred a loss of Rs. 448. At what price did he sell the item to the said customer?
A.	s. 2416
B.	s. 2352
C.	s. 2268
D.	s. 2152
Answer» C. s. 2268

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A dealer marked the price of an item 40% above the cost price. He allowed two successive discounts of 20% and 25% to a particular customer. As a result he incurred a loss of Rs. 448. At what price did he sell the item to the said customer?

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