VJ Sales purchases plasma TVs in bulk at Rs. 60000 each. However the marked price on a plasma TV at the VJ Sales showroom is Rs. 63000.

If VJ Sales wants to give a discount of 10% on plasma TVs and yet earn 11% profit, what should be new marked price?

To determine the new marked price required for VJ Sales to offer a 10% discount and still earn an 11% profit, we can follow these steps:

1. **Determine the desired selling price for an 11% profit**:
   - The cost price (CP) of the plasma TV is Rs. 60,000.
   - The desired profit is 11%.
   - Therefore, the desired selling price (SP) is:
     \[
     \text{SP} = \text{CP} + \text{Profit} = 60,000 + \left(\frac{11}{100} \times 60,000\right) = 60,000 + 6,600 = 66,600
     \]

2. **Account for the 10% discount**:
   - Let the new marked price be \( M \).
   - After a 10% discount, the selling price should still be Rs. 66,600.
   - Therefore, we can write:
     \[
     \text{SP} = M - \left(\frac{10}{100} \times M\right) = 0.9M
     \]
     \[
     0.9M = 66,600
     \]

3. **Solve for the new marked price**:
   \[
   M = \frac{66,600}{0.9} = 74,000
   \]

So, the new marked price should be **Rs. 74,000**.

Would you like to know more details, or do you have any questions about the solution?

Here are some related questions:

1. How would the required marked price change if the discount were 15% instead of 10%?
2. What would be the new selling price if the profit margin was 15%?
3. How would the solution change if the cost price increased to Rs. 65,000?
4. What would be the effect of offering a 20% discount on the required marked price?
5. How much would the profit percentage be if the marked price remained Rs. 63,000 after the discount?

**Tip:** When dealing with profit and discounts, always work backward from the desired selling price to determine the required marked price.

Learn how to calculate the new marked price for plasma TVs at VJ Sales, given a 10% discount and an 11% profit requirement. Detailed step-by-step solution included. Suitable for students and professionals interested in profit calculations and pricing strategies.

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