Question : In a showroom. the marked prices of various items are displayed in such a manner that after giving a 10% discount to the customers, the owner of the showroom earns a profit of 20%. What is the ratio of the marked price and cost price of each item?
Option 1: 3 : 4
Option 2: 4 : 3
Option 3: 5 : 2
Option 4: 2 : 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: 4 : 3
Solution : Let the cost price be Rs. 100. Final selling price after 20% profit = Rs. 120 (Discounted price) With a 10% discount, the selling price is 90% of the marked price. So, Marked price = $120\times \frac{100}{90}=\frac{400}{3}$ The ratio of marked price to cost price = $\frac{\frac{400}{3}}{100}$ = $4 : 3$ Hence, the correct answer is 4 : 3.
Candidates can download this e-book to give a boost to thier preparation.
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Question : The marked price of 85 items was equal to the cost price of 153 items. The selling price of 104 items was equal to the marked price of 65 items. Calculate the percentage profit or loss from the sale of each item.
Question : The marked price of an item is Rs. 200. On the purchase of 1 item, the discount is 5% and on the purchase of 2 items the discount is 14%. Rajshree buys 3 items. What is the effective discount?
Question : The marked price of an item is Rs. 900. On purchases of 2 items, the discount is 16% and on purchases of 5 items, the discount is 44%. Raksha buys 7 items, what is the effective discount?
Question : Arun brought 50 kg of rice at a discount of 15% on the marked price. For purchasing bulk quantity, he was given 5 kg of wheat (the marked price of which was 60% of the marked price of rice) free of cost. Had the retailer sold both items at their marked price to his other
Question : A merchant increases the cost price of an item by 30% and offers a discount of 15% on this marked price. What is his profit percentage?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile