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?

A shopkeeper sells an item at a discount of 40% on the item’s listed

1.	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?
A.	Rs.500
B.	Rs.750
C.	Rs.600
D.	Rs.1080
Answer» C. Rs.600

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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?

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