Question : An article is sold at a 5 percent loss. If its cost price is decreased by Rs. 20 and the selling price is increased by Rs. 13, then a profit of 10 percent is earned on it. What is the original selling price of the article?
Option 1: Rs 266.66
Option 2: Rs 221.66
Option 3: Rs 283.33
Option 4: Rs 250
New: SSC MTS 2024 Application Form OUT; Direct Link
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: Rs 221.66
Solution : Let the selling price be S and the cost price be C The selling price is 95% of the cost price: (Loss of 5%) ⇒ S = 0.95 C If the cost price is decreased by Rs. 20 ⇒ new cost price = C – 20 If the selling price is increased by Rs. 13 ⇒ New selling price = S + 13 A profit of 10% is earned on the new cost price ⇒ S +13 = 1.10 × (C−20) ⇒ 0.95 C + 13 = 1.10 × (C − 20) ⇒ 0.95 C+13 = 1.10C − 22 ⇒ 0.15 C = 35 ⇒ C = $\frac{35}{0.15}$ = 233.33 ⇒ S = 0.95 × C = 0.95 × 233.33 = 221.66 Hence, the correct answer is Rs. 221.66.
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Question : The profit percentage earned by selling a centre table for Rs. 13440 is equal to the loss percentage made by selling the same centre table for Rs. 10560. At what price should the article be sold to make a 20% profit?
Question : A shopkeeper sells an article at 20 percent profit. If he had bought it at a 10 percent less price and sold it for Rs. 48 less, then he would have earned a profit of 20 percent. What is the cost price of the article?
Question : The profit earned by selling a jacket for Rs. 3860 is equal to the loss incurred by selling the same jacket for Rs. 1900. What should be the selling price of the jacket to earn a 10 percent profit?
Question : The cost price of an article is Rs. 2650. If the loss percentage is 16 percent, then what is the selling price of the article?
Question : The cost price of an article is Rs. 5500. It was sold at a profit of 9.09%. If the article was sold at a discount of 20%, then what is the marked price (in Rs.) of the article?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile