Question : An article is listed at Rs. 2375. A man purchases it at two successive discounts of 50% and 25% and spends Rs. 165 on the repair of the article. If he sells the article at a profit of 62.5%, what is the selling price (in rupees) of the article?
Option 1: 1467.6
Option 2: 1492.6
Option 3: 1715.39
Option 4: 1460.6
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: 1715.39
Solution : Marked price = Rs. 2375 Price after two successive discounts of 50% and 25% = Rs. 2375 × $\frac{50}{100}$×$\frac{75}{100}$ = Rs. 890.625 Amount spent on the repair of the article = Rs. 165 So, cost price = Rs. 890.625 + Rs.165 = Rs. 1055.625 Profit = 62.5% of Cost price = 62.5% of Rs. 1055.625 $\therefore$ Selling price = 1055.625 + 62.5% of Rs. 1055.625 = 1055.525 + 659.765 = Rs. 1715.39 Hence, the correct answer is 1715.39.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : A dealer buys an article listed at INR 3,000 and gets successive discounts of 15% and 15%. He spends INR 250 on transportation and sells it at a profit of 20%. Find the selling price of the article.
Question : A shopkeeper gives two successive discounts of 7% each on the marked price of Rs. 20,000 of an article. The selling price of the article is:
Question : The list price (marked price) of an article is Rs. 900 and it's available at two successive discounts of 20% and 10%. The selling price of the article, in rupees, is:
Question : The list price of an article is Rs. 900. It is available at two discounts of 20% and 10%. The selling price of the article is:
Question : A shopkeeper makes a net profit of 44% on selling an article at successive discounts of 10% and 20%. Find the net profit percentage, if the shopkeeper sells the same article at a discount of 15%.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile