A firm dealing in furniture allows a 5% discount on the marked price of each item. What price must be marked on a dining table that costs ₹ 2000 to assemble, so as to make a profit of 14%?
A firm dealing in furniture allows a 5% discount on the marked price of each item. What price must be marked on a dining table that costs ₹ 2000 to assemble, so as to make a profit of 14%?
A. ₹ 3800
B. ₹ 2700
C. ₹ 2500
D. ₹ 2400
The correct answer is option D. 2400. Can you explain this answer in the comments?
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