67 Views

Question : A man offers a 40% discount on an item which has been marked 50% above the cost price. If the selling price of the item is INR 1,305, then the cost price is:

Option 1: INR 1,360

Option 2: INR 1,450

Option 3: INR 1,680

Option 4: INR 1,560


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: INR 1,450


Solution : Selling price = INR 1,305
Selling price = Marked price – Discount
⇒ Selling price = Marked Price – $\frac{40}{100}$ × Marked price
⇒ Marked price = $\frac{100}{(100-40)}\times 1305$ = INR 2175
Marked price = 1.5 × Cost price
⇒ Cost price = $\frac{1}{1.5}\times 2175$
⇒ Cost price = INR 1450
Hence, the correct answer is INR 1450.

How to crack SSC CHSL

Candidates can download this e-book to give a boost to thier preparation.

Download Now

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books