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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 Rs.280? (Select all that apply)

A
Rs. 250
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B
Rs. 240
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C
Rs. 200
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D
Rs. 180
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Solution

The correct options are
C Rs. 200

D Rs. 180

Marked price = Rs. 280
Discount of 20%=Rs.280×0.80=Rs.224
So, the selling price of an article = Rs. 224.
Let the cost price be Rs. 100
Selling price of article =Rs.100+Rs.100×(112100)=Rs.112.
If the selling price is Rs. 112, then cost price is Rs. 100
If the selling price is Rs. 224, then cost price is Rs. (100112)×224
=Rs.200

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