Question : Ram sells a suitcase to Mohan at a 20% profit. Mohan sells it to Shyam at a 40% profit. If Shyam pays INR 1,430 for it, then the price at which Ram bought it is:
Option 1: INR 875
Option 2: INR 870
Option 3: INR 880
Option 4: INR 851.19
Latest: SSC CGL 2024 final Result Out | SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL Tier 1 Scorecard 2024 Released | SSC CGL complete guide
Suggested: Month-wise Current Affairs | Upcoming Government Exams
Correct Answer: INR 851.19
Solution : Given: Ram sells a suitcase to Mohan at a 20% profit. Mohan sells it to Shyam at a 40% profit. If the price at which Ram bought the suitcase is INR $x$. Then, $x \times \frac{120}{100} \times \frac{140}{100}$ = 1,430 ⇒ $x = \frac{(1430 × 100 × 100)}{(120 × 140)}$ = INR 851.19 Hence, the correct answer is INR 851.19.
Candidates can download this ebook to know all about SSC CGL.
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Question : A wholesaler sells a jacket to a retailer at a profit of 5% and the retailer sells it to a customer at a profit of 10%. If the customer pays INR 4,158, what does it cost (in INR) to the wholesaler?
Option 1: 3,500
Option 2: 3,400
Option 3: 3,300
Option 4: 3,600
Question : A person sells an article for a loss of 18%. If he increases the selling price by INR 144 and decreases the cost price by 30%, then there is a profit of 20%. What is the original selling price?
Option 1: INR 5,068
Option 2: INR 6,036
Option 3: INR 5,904
Option 4: INR 6,124
Question : Ram sold an item costing INR 1,250 at a gain of 18% to Ramesh. It was again sold by Ramesh to Shyam at a loss of 10%. Find the selling price of Ramesh.
Option 1: INR 1,328.50
Option 2: INR 1,428.50
Option 3: INR 1,427.50
Option 4: INR 1,327.50
Question : A dealer buys an article listed at INR 3,000 and gets successive discounts of 15% and 15%. He spends INR 250 on transportation and sells it at a profit of 20%. Find the selling price of the article.
Option 1: INR 3,300
Option 2: INR 2,901
Option 3: INR 3,250
Option 4: INR 3,200
Question : A manufacturer sells an article to a wholesale dealer at a profit of 10%. The wholesale dealer sells it to a shopkeeper at 20% profit. The shopkeeper sells it to a customer for Rs. 56,100 at a loss of 15%. Then the cost price of the article to the manufacturer is:
Option 1: Rs. 25,000
Option 2: Rs. 10,000
Option 3: Rs. 50,000
Option 4: Rs. 55,000
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile