Question : A merchant marked the price of an article by increasing its production cost by 40%. Now he allows a 20% discount and gets a profit of Rs. 48 after selling it. The production cost is:
Option 1: Rs. 320
Option 2: Rs. 360
Option 3: Rs. 400
Option 4: Rs. 440
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Correct Answer: Rs. 400
Solution : Let the production cost of the article be Rs. $y$. Here, $a$ = 40%, $b$ = –20% Effective percentage = $a+b+\frac{ab}{100}$% $\therefore$ Effective percentage = $40 − 20 −\frac{40\times 20}{100}$% = (20 – 8)% = 12% According to the question, 12% of $y$ = 48 ⇒ $y$ = $\frac{48 \times 100}{12}$ = Rs. 400 Hence, the correct answer is Rs. 400.
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Question : The cost of an article is Rs. 200. If 20% profit is made after giving a 20% discount on the marked price, the marked price is:
Option 1: Rs. 300
Option 2: Rs. 320
Option 3: Rs. 420
Option 4: Rs. 450
Question : A trader gains 25% by selling an article with a 20% discount on its marked price. If the cost price of the article increases by 30%, then how much discount (in %) should he offer on the same marked price to gain 15% of profit?
Option 1: 4.32%
Option 2: 5.08%
Option 3: 5.12%
Option 4: 4.87%
Question : A dealer is selling an article at a discount of 5% on the marked price. If the marked price is 12% above the cost price and the article was sold for Rs. 532, then the cost price is (in Rs.):
Option 1: 500
Option 2: 525
Option 3: 505
Option 4: 520
Question : A megastore is offering a 20% discount on all grocery items. Sakshi bought one grocery item marked at Rs. 400. What is its cost price if the store earned a profit of 25% after giving the discount?
Option 1: Rs. 256
Option 2: Rs. 280
Option 3: Rs. 380
Option 4: Rs. 320
Question : A dealer gains 20% by selling an article at 25% discount on its marked price. If the cost price of the article is decreased by 15%, how much discount percentage should he now give on the same marked price so as to earn the same percentage of profit as before?
Option 1: 32.50%
Option 2: 35%
Option 3: 36.25%
Option 4: 37.75%
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