# What will be the Sofa Cost for Trader’s? If

A sofa set carrying a sale price of 5000 is sold at a discount of 4%, thereby gaining 20%. The trader’s cost price of the sofa set is:

- Rs. 3000
- Rs. 2250
- Rs. 4000
- Rs. 40500

**Answer: (3) Rs.4000**

**Explanation:-**

**Given-**

Sale price = Rs.5000, Discount = 4 %, Gain = 20 %.

He gave 4 % ,

Then , the selling price = 5000 – 5000 x 4/100

= 5000 – 200

= Rs.4800

Gain = 20 %

Then, the cost price = 4800 x 100/120

=40 x 100

= Rs.4000

Hence, the cost price of a sofa set is Rs.4000.