Question : A discount of 20% is given on the marked price of a cycle, and still, there is a profit of 20%. If the profit is INR 800, find the marked price of the cycle.
Option 1: INR 4,000
Option 2: INR 5,800
Option 3: INR 4,800
Option 4: INR 6,000
New: SSC CHSL tier 1 answer key 2024 out | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: INR 6,000
Solution : Profit = INR 800 Profit percentage = 20% of the cost price 20% of the cost price = INR 800 ⇒ Cost price = $\frac{800}{0.2}$ = INR 4000 Selling price = Cost price + Profit = 4000 + 800 = INR 4800 Discount = 20% of marked price ⇒ 80% of marked price = INR 4800 ⇒ Marked price = $\frac{4800}{0.8}$ = INR 6000 Hence, the correct answer is INR 6000.
Candidates can download this e-book to give a boost to thier preparation.
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Question : A dealer offers a discount of 10% on the marked price of an article and still makes a profit of 20%. If the cost price of the article is INR 540, then find the marked price (in INR) of the article.
Question : The marked price of a toy car is INR 600. The shopkeeper gives a discount of 4% and still makes a profit of 28%. Find the cost price.
Question : The ratio of the cost price (CP) and marked price (MP) of an article is 4 : 7. A discount of 20% is given on MP and the shopkeeper makes a profit of INR 80. Find the CP of the article.
Question : A shopkeeper earns a profit of 20% after offering a discount of 10% on the marked price of an electric mixer. What is the cost price (in INR) of the electric mixer having a marked price of INR 6,500?
Question : After allowing a discount of 12.5% on the marked price, an article is sold for INR 2,625. Find its marked price.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile