Question : A shopkeeper sells an article at $13 \frac{1}{2}\%$ loss. If he sells it for INR 1,274 more, then he gains $11\%$. What is the cost price of the article?
Option 1: INR 4,874
Option 2: INR 4,800
Option 3: INR 5,200
Option 4: INR 5,274
Latest: SSC CGL Tier 1 Result 2024 Out | SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL Tier 1 Scorecard 2024 Released | SSC CGL complete guide
Suggested: Month-wise Current Affairs | Upcoming Government Exams
Correct Answer: INR 5,200
Solution : Let the cost price be INR $x$. Selling price at a $13 \frac{1}{2}\%$ loss $=(\frac{100-\frac{27}{2}}{100})x=\frac{173x}{200}$ According to the question, $\frac{173x}{200}+1274=\frac{100+11}{100}x$ $⇒\frac{111x}{100}-\frac{173x}{200}=1274$ $⇒\frac{49x}{200}=1274$ $\therefore x =5200$ Hence, the correct answer is INR 5,200.
Candidates can download this ebook to know all about SSC CGL.
Result | Eligibility | Application | Selection Process | Preparation Tips | Admit Card | Answer Key
Question : A shopkeeper gains 20% in place of a 16% loss if the selling price of an article is increased by INR 324. The cost price of the article is:
Question : A dealer sold an article at a loss of 2%. Had he sold it for INR 44 more, he would have gained 20%. Find the cost price of the article.
Question : A person sells an article for a loss of 18%. If he increases the selling price by INR 144 and decreases the cost price by 30%, then there is a profit of 20%. What is the original selling price?
Question : A dealer marks an article 60% above the cost price and sells it to a customer allowing two successive discounts of 10% and 20% on the marked price. If he gains INR 1,064 in the transaction, the cost price (in INR) of the article is:
Question : An article is sold at a 25% loss. If its cost price is doubled and the selling price is increased by INR 660, then there is a profit of 20%. What is the original cost price of the article?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile