Question : A shopkeeper marks his goods at 80% more than their cost price and allows a discount of 48% on the marked price. His loss percentage is:
Option 1: $2\frac{1}{5}\%$
Option 2: $7\frac{3}{5}\%$
Option 3: $6\frac{2}{5}\%$
Option 4: $3\frac{1}{5}\%$
New: SSC CHSL Tier 2 answer key released | 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: $6\frac{2}{5}\%$
Solution : Let the cost price of goods be Rs.100. Marked price of goods = 100 + $\frac{80}{100} \times 100$ = Rs. 180 Discount = 48% Selling price of goods = 180 – $\frac{48}{100} \times 180$ = Rs. 93.6 ∴ Loss % = $\frac{(100 - 93.6)}{100} \times 100$ = 6.4% = 6$\frac{2}{5}$% Hence, the correct answer is $6\frac{2}{5}\%$.
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 shopkeeper marks his goods at 90% more than their cost price and allows a discount of 40% on the marked price. His gain percentage is:
Question : A shopkeeper marked the price 18% more than its cost price. If he allows a discount of 24%, then find his loss percent.
Question : A tradesman marks his goods at 25% above the cost price. If he reduces the marked price by $12\frac{1}{2}\%$, then his profit will be:
Question : A shopkeeper marks his goods 20% higher than the cost price and allows a discount of 5%. The percentage of his profit is:
Question : A trader allows a 40% discount on his goods, but he loses 30% on them. Find the percentage of the marked price above the cost price.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile