Question : A shopkeeper marks up his wares by 60% and offers a 10% discount. What will be the selling price (in Rs.) if the cost price is Rs. 7500?
Option 1: 11800
Option 2: 12800
Option 3: 13800
Option 4: 10800
Correct Answer: 10800
Solution :
Cost price = Rs. 7500
Marked price = cost price + 60% of cost price
= 160% of cost price
= 160% of Rs. 7500
= $\frac{160 × 7500}{100}$
= 160 × 75
= Rs. 12000
Discount = 10% of marked price
= 10% of Rs. 12000
= Rs. 1200
Selling price = Marked price – Discount
= Rs. 12000 – Rs. 1200
= Rs. 10800
Hence, the correct answer is 10800.
Related Questions
Know More about
Staff Selection Commission Combined Grad ...
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Get Updates Brochure
Your Staff Selection Commission Combined Graduate Level Exam brochure has been successfully mailed to your registered email id “”.
