Free Set
Question

A shopkeeper gives 10% discount and still earns 20% profit. If CP is 600, what is marked price?

Options
A800 Correct Answer
B720
C750
D900
Correct Answer & Explanation

Option A: 800

Rationale

CP 600, profit 20% SP=600x1.2=720. This SP after 10% discount on MP. So MP x 0.9 =720. MP=720/0.9=800. So marked price 800.

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