A photographer allows a discount of 10% on the advertised price of a camera. The price (in Rs) that must be marked on the camera, which cost him Rs600, to make a profit of 20% would be
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 800
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Understanding |
Application |
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Cost price = Rs. 600 Profit = 20% |
So, Selling price of camera = 600 × 1.2 = Rs. 720 |
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Since the photographer allows 10% discount. |
So, Marked price = 720/0.9 = Rs. 800 |