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The marked price of a toy car is Rs.600. The shopkeeper gives a discount of 4% and still makes a profit of 28%. Find the cost price.
Question

The marked price of a toy car is Rs.600. The shopkeeper gives a discount of 4% and still makes a profit of 28%. Find the cost price.

A.

Rs.460

B.

Rs.420

C.

Rs.480

D.

Rs.450

Correct option is D

Given: 

Marked price =Rs600

Discount = 4%

Profit = 28%

Solution: 

According to question

Let cost price = 100

selling price = 100+28%of 100=128

selling price = 600×96\times 96  

Cost price = 600×96128=Rs450\frac{600\times96}{128} = Rs450​​

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