Question : Piyush marks the price of his article as 30 percent more than its cost price. If he sells the article for Rs. 5720 after allowing a discount of 20 percent, then what will be the cost price of the article?
Option 1: Rs. 5350
Option 2: Rs. 5000
Option 3: Rs. 5500
Option 4: Rs. 5200
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: Rs. 5500
Solution : The selling price of the article ($SP$) = Rs. 5720 Marked price (MP) $=\frac{100}{(100-\text{discount}\%)}\times SP$ Selling price with 20% discount $=\frac{100}{100-20}\times 5720=$ Rs. 7150 So, the cost price $=\frac{100}{130}\times 7150=$ Rs. 5,500 Hence, the correct answer is Rs. 5500.
Candidates can download this e-book to give a boost to thier preparation.
Application | Eligibility | Admit Card | Answer Key | Preparation Tips | Result | Cutoff
Question : A tradesman marks his goods at such a price that after allowing a discount of 31%, he makes a profit of 15%. What is the marked price of an article whose cost price is Rs. 3,420?
Option 1: Rs. 5,700
Option 2: Rs. 5,200
Option 3: Rs. 5,475
Option 4: Rs. 5,550
Question : A shopkeeper fixes the price of an article at 30% higher than its actual cost. If he sells at a 10% discount on the marked price then the profit is:
Option 1: 18%
Option 2: 19%
Option 3: 17%
Option 4: 20%
Question : Vinay sells an article at a profit of 20%. If both the cost price and selling price are reduced by Rs. 20, then the profit becomes 40%. What is the initial cost price?
Option 1: Rs. 80
Option 2: Rs. 60
Option 3: Rs. 50
Option 4: Rs. 40
Question : Rajiv sells a pen at a profit of 5 percent. If he sells the pen for Rs. 36 more, then he earns a profit of 14 percent. What is the cost price of the pen?
Option 1: Rs. 300
Option 2: Rs. 600
Option 3: Rs. 400
Option 4: Rs. 500
Question : Manoj sold an article at a marked price of Rs. 13,000. Had he offered a discount of 10% on the marked price he would have earned a profit of 30%. What is the cost price?
Option 1: Rs. 10,000
Option 2: Rs. 9,900
Option 3: Rs. 9,000
Option 4: Rs. 11,000
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile