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A dealer offers a discount of 10% on the marked price of an article and still makes a profit of 20%. If its marked price is ₹ 800, then the cost price of the article is :
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- ₹ 900
- ₹ 800
- ₹ 700
- ₹ 600
Correct Option: D
Here , marked price = ₹ 800
On discount of 10% ,
S.P. of that article = 800 × | = ₹ 720 | |
100 |
He still makes 20% profit
∴ C.P. of the article = 720 × | = ₹ 600 | |
120 |
Second method to solve this question :
Here, r = 20% , D = 10% , M.P. = ₹ 800 , C.P. = ?
= | ||
C.P. | 100 − D |
= | ||
C.P. | 100 − 10 |
C.P. = | |
120 |
C.P. = ₹ 600