The marked price of a machine is Rs 18000. By selling it at a discount of 20%, the loss is 4%. What is the cost price of the machine?
Rs 15000
Given marked price of machine = Rs 18000
∴Discount=20100×18000=Rs 3600∴SP=18000−3600=Rs14400If loss of 4%,thenCP=100×SP100−r=100×14400100−4=100×1440096=Rs 15000