Multiple choice

The marked price of an article is Rs.1,280. If a shopkeeper sold the article at 12% profit after giving 30% discount, then the cost price of the article is:

  1. 850

  2. 700

  3. 750

  4. 800

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Selling price = 1280 × 0.70 (after 30% discount) = 896. Since this is 12% profit, Cost Price = 896/1.12 = 800. The solution flow is: Marked Price → Discount → Selling Price → Profit % → Cost Price. Many students mistakenly try to apply percentages directly to the marked price.