Question : A manufacturer sells an article to a wholesale dealer at a profit of 10%. The wholesale dealer sells it to a shopkeeper at 20% profit. The shopkeeper sells it to a customer for Rs. 56,100 at a loss of 15%. Then the cost price of the article to the manufacturer is:
Option 1: Rs. 25,000
Option 2: Rs. 10,000
Option 3: Rs. 50,000
Option 4: Rs. 55,000
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: Rs. 50,000
Solution : Let the cost price of the article be CP. The manufacturer sells the article to the wholesale dealer at a profit of 10%. The selling price for the manufacturer = 1.1 × CP The wholesale dealer sells the article to the shopkeeper at a profit of 20%. The selling price for the wholesale dealer = 1.2 × 1.1 × CP = 1.32 × CP The shopkeeper sells the article to the customer at a loss of 15%. The selling price for the shopkeeper = 0.85 × 1.32 × CP = 1.122 × CP Given that the selling price for the shopkeeper = Rs. 56,100 ⇒ 1.122 × CP = 56,100 ⇒ CP = $\frac{56100}{1.122}$ = 50,000 Hence, the correct answer is Rs. 50,000.
Candidates can download this ebook to know all about SSC CGL.
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Question : A sells an article to B making a profit of $\frac{1}{5}$th of his outlay. B sells it to C, gaining 20%. If C sells it for Rs. 600 and incurs a loss of $\frac{1}{6}$th of his outlay, the cost price of the article for A is:
Question : A shopkeeper listed the marked price of a chair at a certain amount. If the shopkeeper declares a 15% discount and sells it at Rs.1,445. What is the marked price?
Question : A man sells two articles at Rs. 9,975 each. He gains 5% on one article and loses 5% on the other. Find his overall gain or loss.
Question : A dishonest dealer sells articles at a 15% loss on cost price but uses the weight of 20 g instead of 25 g. What is his profit or loss percentage?
Question : The profit earned by a shopkeeper by selling a bucket at a gain of 8% is Rs. 28 more than when he sells it at a loss of 8%. The cost price (in Rupees) of the bucket is:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile