A sofa set carrying a sale price ticket of Rs. 5000 is sold at a discount of 4%, thereby gaining 20%. What is the trader’s cost price of the sofa set?

A sofa set carrying a sale price ticket of Rs. 5000 is sold at a disco

1.	A sofa set carrying a sale price ticket of Rs. 5000 is sold at a discount of 4%, thereby gaining 20%. What is the trader’s cost price of the sofa set?
A.	Rs. 3600
B.	Rs. 3800
C.	Rs. 4000
D.	Rs. 4200
Answer» D. Rs. 4200

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A sofa set carrying a sale price ticket of Rs. 5000 is sold at a discount of 4%, thereby gaining 20%. What is the trader’s cost price of the sofa set?

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