Multiple choice general knowledge math & puzzles

A purchases a car at a discount of 20% from a wholesaler and sells it at a profit of 20% for Rs.1800. How much discount did he get from the wholesaler

  1. 360

  2. 385

  3. 370

  4. 375

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Selling price = Rs. 1800 at 20% profit, so cost price for A = 1800/1.2 = Rs. 1500. This Rs. 1500 is after 20% discount from wholesaler. So marked price = 1500/0.8 = Rs. 1875. Discount = 1875 - 1500 = Rs. 375. The question asks for the discount amount, not the marked price.