Correct Answer - Option 2 : Rs. 550

**Given:**

Discount on the marked price is 4%

**Formula Used :**

Profit = [(SP - CP)/CP] × 100%

**Calculation :**

Cost price = Rs. 480

Profit = 480 × 10% = 48

S.P. = 480 + 48 = Rs. 528

Discount % = 4%

Discount is always given on the marked price

⇒ x × 96% = 528

⇒x = Rs. 550

**∴ Rs. 550 is the price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%**