What price should Alka mark. on a dress which cost her Rs. 4000 so as to gain 20% after allowing a discount of 20%?
A
Rs. 5000
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B
Rs. 6000
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C
Rs. 7000
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D
Rs. 8000
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Solution
The correct option is B Rs. 6000 C.P. = Rs. 4000, Gain =20% ∴ S.P. of the dress = Rs. 4000×(100+20)100=4000×120100= Rs. 4800 Discount =20% ∴ M.P. of the dress =S.P.×100(100−discount)=4800×100(100−20)=4800×10080= Rs. 6000