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: A — Rs. 4,000
Desired SP = 3000 * 1.2 = 3600. MP = (3600 * 100) / 90 = 4000.
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