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A shopkeeper marked the price of jeans 2...

A shopkeeper marked the price of jeans 25% above the cost price and allowed two successive discounts of 10% and 5% respectively. If shopkeeper made a profit of Rs. 89.1, then find at what price shopkeeper sold the jeans to make a profit of 40%?

A

A)1844.4Rs

B

B)1814.4Rs

C

C)1860.4 Rs

D

D)1890.4 Rs

Text Solution

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The correct Answer is:
To solve the problem step by step, we will follow the process outlined in the video transcript. ### Step 1: Determine the Cost Price (CP) Let the cost price of the jeans be \( CP \). Given that the shopkeeper marked the price of jeans 25% above the cost price, we can express the marked price (MP) as: \[ MP = CP + 0.25 \times CP = 1.25 \times CP \]
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