Question : A shopkeeper is allowed a 20% discount on his Advertised price and makes a profit of 25% on his outlay. What is the advertised price (in Rs.) on which he gains Rs. 6000?
Option 1: 36,000
Option 2: 37,500
Option 3: 39,000
Option 4: 42,500
Correct Answer: 37,500
Solution :
Given: A shopkeeper is allowed a 20% discount on his advertised price and makes a profit of 25% on his outlay.
Let the cost price be 100 units.
Selling price =
Profit = (125 – 100) = 25 units
Marked price
Here 25 units = Rs. 6000 (Given that the profit is Rs 6,000)
⇒ 1 unit =
⇒
Hence, the correct answer is 37,500.
SSC CGL Complete Guide
Candidates can download this ebook to know all about SSC CGL.
