A shopkeeper gives a 10% discount on a TV. The marked price of the TV is ₹8,000. After allowing the discount, the shopkeeper gains 20%. Find the cost price of the TV.

₹7,500
₹6,000
₹3,500
₹4,050

Correct answer: ₹6,000

Solution

Marked price = ₹8,000, so after 10% discount, selling price = ₹7,200. Since this is a 20% gain, \(SP = 120\%\) of CP, so \(CP = 7200/1.2 = 6000\).

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