Question 108

The cost price of a table is 3,200. A merchant wants to make 25 % profit by selling it. At the the time of sale he declares a discount of 20 % on the marked price. The marked price (in r) is

Solution

C.P. = 3200

Profit = $$\frac{25}{100}$$ * 3200 = 800

=> S.P. = 3200+800 = 4000

Let M.P. = $$x$$

Discount % = 20%

=> $$\frac{x-4000}{x}$$ * 100 = 20

=> $$4x$$ = 20,000

=> $$x$$ = 20,000/4 = 5,000


Create a FREE account and get:

  • Free SSC Study Material - 18000 Questions
  • 230+ SSC previous papers with solutions PDF
  • 100+ SSC Online Tests for Free

cracku

Boost your Prep!

Download App