At Super Market store everything is sold for 20% less than the price marked. If store owner buys radios for Rs. 80, the price should he mark them if he wants to make 20% profit on his cost is _____?
- Rs. 120
- Rs. 110
- Rs. 130
- None of these
Explanation
Cost price = Rs. 80
Desired profit = 20% of 80 = Rs. 16
Selling price = 80 + 16 = Rs. 96
Selling price is 20% less than marked price:
96 = 0.8 × Marked price
Marked price = 96 / 0.8 = Rs. 120
Last verified on 09-03-2026
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