Q. A dealer marks a product for ₹2,000 and gives a discount of 10%, still earning a profit of 8%. What is the cost price?
✅ Correct Answer: (C)
₹1,700
Explanation: SP = 2000 - 10% = 1800; CP = 1800 / 1.08 = ₹1,666.67 ≈ ₹1,700.
Explanation by: Yami Thakur
SP = 2000 - 10% = 1800; CP = 1800 / 1.08 = ₹1,666.67 ≈ ₹1,700.