4 Views

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?

Option 1: 4,900

Option 2: 4,825

Option 3: 4,850

Option 4: 4,875


Team Careers360 16th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: 4,875


Solution : Given: The marked price of the electric mixer = INR 6,500
Discount % = 10%
Selling price after getting 10% discount = $\frac{90}{100}\times 6500$ = INR 5,850
Profit = 20%
⇒ Cost price = $\frac{100}{120}×5850$ = INR 4,875
Hence, the correct answer is INR 4,875.

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