Question

Vishakha offers a discount of $20\%$ on all the items at her shop and still makes a profit of $12\%$. What is the cost price of an article marked at ₹280?

• A. ₹ 250
• B. ₹ 240
• C. ₹ 200
• D. ₹ 220

Answer 1

Answer: (C)

₹ 200

Given,

Marked price = ₹280

Discount = 20% of ₹280

= $\frac{20\times 280}{100}$

= ₹56
Selling Price = Marked Price - Discount

Selling Price = 280 - 56

= ₹224
Profit = 12%

$\text{Cost price}=\left(\frac{100}{112}\right)\times 224$
= ₹200