Question : Rajiv sells a book to Mohan at a profit of 9% and Mohan sells it to Gopal at a profit of 13%. If Gopal pays Rs. 12,317 for it. Find the cost price for Rajiv.
Option 1: Rs. 15,000
Option 2: Rs. 11,000
Option 3: Rs. 16,000
Option 4: Rs. 10,000
New: SSC MTS Tier 1 Answer key 2024 out
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: Rs. 10,000
Solution : Given: Rajiv sells a book to Mohan at a profit of 9% and Mohan sells it to Gopal at a profit of 13%. Gopal pays Rs. 12,317 for it. Let the cost price (CP) for Rajiv be $x$. According to the question, $x×\frac{100+9}{100}×\frac{100+13}{100}=12317$ ⇒ $x=12317×\frac{100}{109}×\frac{100}{113}$ ⇒ $x=10,000$ Hence, the correct answer is Rs. 10,000.
Answer Key | Cutoff | Selection Process | Preparation Tips | Eligibility | Application | Exam Pattern
Question : P sells a toy to Q at a profit of 40 percent and Q sells it to R at a profit of 10 percent. If R pays Rs. 539 for the toy, then what was the cost price of the toy for P?
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 : A shopkeeper sells 105 m of cloth for Rs. 12600 at a profit of Rs. 20 per metre of cloth. What is the cost price of 20 m cloth?
Question : A sells an article to B at a gain of 10%. B sells it to C at a gain of $7\frac{1}{2}$%. C disposes of it at a loss of 25%. If the prime cost to manufacturer A was Rs. 3200 then the price obtained by C is:
Question : A shopkeeper sells a book at a loss of 60 percent. Had he sold the book for Rs. 150 more, then he would have suffered a loss of 30 percent. To earn a profit of 20 percent, what should be the selling price of the book?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile