Question : Arun sold his goods at a loss of 10%. If the selling price of the goods had been increased by INR 270, there would have been a gain of 8%. What was the cost price (in INR) of the goods for Arun?
Option 1: INR 1,800
Option 2: INR 1,150
Option 3: INR 1,650
Option 4: INR 1,500
New: SSC CHSL tier 1 answer key 2024 out | 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
Correct Answer: INR 1,500
Solution :
Let the cost price be $x$.
So, selling price = $\frac{90}{100}×x=\frac{9x}{10}$
According to the question,
$270=\frac{108x}{100} - \frac{9x}{10}$
$⇒18x=270×100$
$\therefore x = 1500$
So, the cost Price of the goods for Arun was INR 1,500.
Hence, the correct answer is INR 1,500.
Related Questions
Know More about
Staff Selection Commission Combined High ...
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Get Updates BrochureYour Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.