Question : The marked price of an article is Rs. 400. It is sold for Rs. 300. If there is a loss of 15%, then by what percent above the cost is the article marked?
Option 1: 28.24%
Option 2: 13.33%
Option 3: 25.05%
Option 4: 35.25%
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: 13.33%
Solution : The marked price of an article is Rs. 400. Selling price = Rs. 300. Loss % = 15% Cost price = $\frac{100}{85}×300=352.94$ Required percentage = $\frac{400-352.94}{352.94}×100=\frac{47.06}{352.94}×100=13.33$% Hence, the correct answer is 13.33%.
Answer Key | Cutoff | Selection Process | Preparation Tips | Eligibility | Application | Exam Pattern
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?
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?
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 marked price of an article is Rs. 1200. A discount of 40% is given. If there is a loss of 20%, then what is the cost price of the article?
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?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile