A sofaset carrying a sale-price ticket of Rs. 5,000 is sold at a discount of 4%

Question

A sofaset carrying a sale-price ticket of Rs. 5,000 is sold at a discount of 4%, thereby the trader earns a profit of 20%. The trader's cost price of the sofaset is:

Options:

A . Rs. 4,200

B . Rs. 4,000

C . Rs. 3,600

D . Rs. 3,800

Answer: Option B

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