Question : The marked price of a toy car is INR 600. The shopkeeper gives a discount of 4% and still makes a profit of 28%. Find the cost price.
Option 1: INR 460
Option 2: INR 420
Option 3: INR 480
Option 4: INR 450
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
Correct Answer: INR 450
Solution :
The marked price of a toy car is INR 600.
The shopkeeper gives a discount of 4%.
$\therefore$ Selling price $=\frac{96}{100}×600=576$
He still makes a profit of 28%.
$\therefore$ Cost price $=\frac{100}{100+28}×576=450$
Hence, the correct answer is INR 450.
Related Questions
Know More about
Staff Selection Commission Combined High ...
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Get Updates Brochure
Your Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.
