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    Question

    A shopkeeper marks a product at 20% above the cost

    price. He then offers a discount of 15% on the marked price. If he still makes a profit of ₹200, what was the cost price of the product?
    A 12,000 Correct Answer Incorrect Answer
    B 10,000 Correct Answer Incorrect Answer
    C 10,500 Correct Answer Incorrect Answer
    D 18,000 Correct Answer Incorrect Answer

    Solution

    ATQ, Let the cost price be x. Marked price = x + 20% of x = 1.2x Selling price after discount = 1.2x * (1 - 15/100) = 0.85 * 1.2x = 1.02x Profit = Selling price - Cost price = 1.02x - x = 0.02x Given, 0.02x = 200 Solving for x, we get x = 10,000

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