Arithmetichard · Past Paper

At what price should a merchant mark a suit costing Rs. 3,000 so that after a 10% discount, he gets 20% profit?

ARs. 4,000
BRs. 3,600
CRs. 3,500
DRs. 4,200

✓ Correct Answer: ARs. 4,000

Desired SP = 3000 * 1.2 = 3600. MP = (3600 * 100) / 90 = 4000.

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