AFTER allowing 4 % discount on the marked price of an article there is a profit of 20 % if the cost price of the article is RS 800 find marked price ? plz plz plz plz plz saw plz​

Let the maked price be 'x'

Cost Price is Rs.800

Profit required is 20%

(assuming profit is on cost and not on sales)

Profit = 20% of 800 = 160 Rs.

So, selling price = Cost + Profit =800 + 160= 960

but we want to give 20% discount on marked price

So, Marked Price - Discount = selling Price

100% - 20%= 80%

so, 80% is 960

hence, marked price =960/80*100 = 1200Rs.

Hence, required Marked Price = Rs.1200

Step-by-step explanation:

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