Question
Download Solution PDFA shopkeeper allows a discount of 10% on the marked price of a camera. If the cost price of the camera is ₹ 3,600, find the marked price so that shopkeeper can earn profit of 20%, after allowing 10% discount.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Cost Price (CP) = ₹3,600
Profit (Profit%) = 20%
Discount (Discount%) = 10%
Formula used:
Marked Price (MP) = (CP × (1 + Profit%/100)) / (1 - Discount%/100)
Calculations:
MP = (3600 × (1 + 20/100)) / (1 - 10/100)
⇒ MP = (3600 × 1.2) / 0.9
⇒ MP = 4320 / 0.9
⇒ MP = 4800
∴ The correct answer is option 4.
Last updated on Jun 11, 2025
-> UP Police Constable 2025 Notification will be released for 19220 vacancies by June 15th 2025.
-> Check UPSC Prelims Result 2025, UPSC IFS Result 2025, UPSC Prelims Cutoff 2025, UPSC Prelims Result 2025 Name Wise & Rollno. Wise
-> UPPRPB Constable application window is expected to open in June 2025.
-> UP Constable selection is based on Written Examination, Document Verification, Physical Measurements Test, and Physical Efficiency Test.
-> Candidates can attend the UP Police Constable and can check the UP Police Constable Previous Year Papers. Also, check UP Police Constable Exam Analysis.