Question : A watch dealer pays a 10% customs duty on a watch which costs Rs. 500 abroad. He desires to make a profit of 20% after giving a discount of 25% to the buyer. The marked price should be:
Option 1: Rs. 950
Option 2: Rs. 800
Option 3: Rs. 880
Option 4: Rs. 660
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Correct Answer: Rs. 880
Solution : Let the Marked price of the watch be Rs. $y$ Actual CP of watch = 110% of Rs. 500 = Rs. $\frac{500\times 110}{100}$ = Rs. 550 According to the question, Profit percentage = 20% Discount percentage = 25% Let the marked price be Rs. $y$. ⇒ $y\times \frac{75}{100}=\frac{550\times 120}{100}$ ⇒ $y=\frac{550 \times 120}{75}$ = Rs. 880 Hence, the correct answer is Rs. 880.
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Question : A dealer marks his goods at 40% above the cost price. He sells 60% of the goods at the marked price by giving a 10% discount and the rest by giving a 50% discount on the marked price. What is his overall profit or loss percentage?
Option 1: Loss 2.8%
Option 2: Profit 2.8%
Option 3: Profit 3.6%
Option 4: Loss 3.6%
Question : The cost of an article is Rs. 200. If 20% profit is made after giving a 20% discount on the marked price, the marked price is:
Option 1: Rs. 300
Option 2: Rs. 320
Option 3: Rs. 420
Option 4: Rs. 450
Question : An article was sold at Rs. 950, allowing a 5% discount on the marked price. The marked price of the article is:
Option 1: Rs. 960
Option 2: Rs. 1000
Option 3: Rs. 955
Option 4: Rs. 945
Question : A man bought a watch at a 10% discount. If he had bought it at a 20% discount, he would have gotten the watch for Rs. 125 less. The marked price of the watch is:
Option 1: Rs. 2,500
Option 2: Rs. 1,250
Option 3: Rs. 3,750
Option 4: Rs. 1,000
Question : A dealer is selling an article at a discount of 5% on the marked price. If the marked price is 12% above the cost price and the article was sold for Rs. 532, then the cost price is (in Rs.):
Option 1: 500
Option 2: 525
Option 3: 505
Option 4: 520
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