Q. A trader sells a product for ₹720 after giving a 10% discount. If the marked price is ₹800, what is the cost price if profit is 20%?
✅ Correct Answer: (C)
₹600
Explanation: SP = 720, Profit = 20%. CP = 720 / 1.20 = ₹600.
Explanation by: Yami Thakur
SP = 720, Profit = 20%. CP = 720 / 1.20 = ₹600.