## Quant Question Of The Day: 174

**Arithmetic**

**An electronics dealer marks up a refrigerator by 40% and offers a discount of 20% on the marked price. If he gives a further discount of 500 to a customer and makes a profit of 2,500, then what is the marked price of the refrigerator?**

12% -500=2500

1%=250

100%=25000 answer

you calculated cost price correctly, but the actual question is marked price.

marked price is 25000*1.4 = 35000

112%-500=100%+2500

Answer=25000