A retailer marks up his goods by 150% and offers 40% discount. What will be the sellingg price (in Rs) if the cost pice is Rs 800?

Options

A. 1200
B. 1500
C. 1000
D. 2000

Answer

To find the selling price of the goods after a markup and discount, we can follow these steps:

### Step 1: Calculate the Marked Price
The retailer marks up his goods by 150%. The cost price (CP) is given as Rs. 800.

**Calculation:**
- Marked Price (MP) = Cost Price + Markup
- Markup = 150% of Cost Price = (150/100) * 800 = Rs. 1200
- Therefore, Marked Price (MP) = Cost Price + Markup = 800 + 1200 = Rs. 2000

### Step 2: Calculate the Discount
The retailer offers a discount of 40% on the marked price.

**Calculation:**
- Discount = 40% of Marked Price = (40/100) * 2000 = Rs. 800

### Step 3: Calculate the Selling Price
The selling price (SP) is the marked price minus the discount.

**Calculation:**
- Selling Price (SP) = Marked Price - Discount = 2000 - 800 = Rs. 1200

### Final Answer
The selling price of the goods is Rs. 1200.

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