Q. A shopkeeper allows a discount of 20% on the marked price and still gains 20%. If the cost price is ₹800, what is the marked price?
✅ Correct Answer: (C)
₹1200
Explanation: SP = 800 × 120/100 = ₹960. MP = 960 × 100/80 = ₹1200.
Explanation by: Krishna Sharma
SP = 800 × 120/100 = ₹960. MP = 960 × 100/80 = ₹1200.