Question

A trader offers a discount of 20% on a product but still makes a profit of 10%. What is the marked price of the product if the cost price is Rs.8000?

• A. Rs.11000
• B. Rs.10000
• C. Rs.10500
• D. Rs.9000

Hint:

Use SP from profit first, then reverse the discount to find marked price.

Answer 1

The Correct Option is A

Concept: Selling price after discount must still give profit. Explanation: Cost price (CP) = 8000 Profit = 10\% Selling price: \[ SP = 8000 \times 1.10 = 8800 \] Let Marked Price = MP After 20\% discount: \[ SP = 0.8 \times MP \] \[ 8800 = 0.8 \times MP \Rightarrow MP = \frac{8800}{0.8} = 11000 \]