Question : A shopkeeper increases the price of an object by 40% and then sells it at a 25% discount on the marked price. If the selling price of such an object is Rs. 2100, its cost price for the shopkeeper is:
Option 1: Rs. 3,000
Option 2: Rs. 1,500
Option 3: Rs. 1,750
Option 4: Rs. 2,000
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. 2,000
Solution : Here, Selling price of an object = Rs. 2,100 Here, $a$ = 40%, $b$ = –25% Effective percentage change = $a+b+\frac{ab}{100}$% = $40 − 25 −\frac{40\times 25}{100}$% = $(15 - 10)$ = 5% According to the question, Let the cost price of the article be Rs. $y$. So, $y \times \frac{105}{100} = 2100$ ⇒ $y$ = $\frac{2100 \times 100}{105}$ = Rs. 2,000 Hence, the correct answer is Rs. 2,000.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
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 shopkeeper marks an article at such a price that after giving a discount of $12 \frac{1}{2} \%$ on the marked price, he still earns a profit of 15%. If the cost price of the article is Rs. 385, then the sum of the marked price and the selling price (in Rs.) of the article
Question : A trader gains 25% by selling an article with a 20% discount on its marked price. If the cost price of the article increases by 30%, then how much discount (in %) should he offer on the same marked price to gain 15% of profit?
Question : A dealer is selling an article at a discount of 5% on the marked price. If the marked price is 12% above the cost price and the article was sold for Rs. 532, then the cost price is (in Rs.):
Question : On a television of brand A, the discount is 25% and on a television of brand B, the discount is 40%. The price of B after the discount Rs. 2,250, is greater than the price of A after the discount. What is the marked price of A (in Rs.) if the marked price of B is Rs.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile