Q: In a stock clearance sale, a shopkeeper gives 40% off on all his items. He incurs a loss of 25% by selling an item of marked price ₹2,000. Which one of the following is the cost price of this item?
(a)₹1,800
(b)₹1,200
(c)₹1,600
(d)₹1,400
Correct Answer: (c)
The correct answer is (c): ₹1,600. Subject: Quantitative Aptitude & Data Interpretation | Sub-topic: Numerical Ability Note: This answer was determined through AI-based research. Verify against the official answer key when available.