Multiple choice

A grinder was marked at Rs 3600. After giving a discount of 10% the dealer made a profit of 8%, calculate the cost price.

  1. Rs 3000

  2. Rs 3312

  3. Rs 3240

  4. Rs 2960
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Selling price after 10% discount = 3600 × 0.9 = Rs 3240. If profit is 8%, then CP × 1.08 = 3240, so CP = 3240/1.08 = Rs 3000. Option A is correct. Rs 3312 is the selling price (10% discount on marked price Rs 3680), Rs 3240 is the discounted selling price, and Rs 2960 is irrelevant.

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