Vikas bought a grinder with 15% discount on the labelled price. He sold the grinder for Rs.2880 with 20% profit on the labelled price. At what price did he buy the grinder?
Let the labelled price be Rs.x. Then, 120% of x = 2880
Therefore x=(2880×100/120) = 2400.
C.P = 85% of Rs.2400 = Rs(85/100x2400) =Rs.2040.
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