Profit and loss

Quantitative Aptitude (CGL)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

A shopkeeper earns a profit of 17% on selling a book at 10% discount on the printed price. If the cost price is Rs500, then the

printed price (in Rs) is:

This questions was previously asked in

SSC CGL 18th April 2022 Shift-3

615

750

585

650

- The cost price of the book is Rs 500.

- The shopkeeper earns a profit of 17%, so the selling price (SP) is 117% of the cost price (CP).

- Calculate SP: \( SP = 500 \times \frac{117}{100} = 585 \).

- The shopkeeper gives a 10% discount on the printed price (PP).

- Thus, the selling price is 90% of the printed price.

- Calculate PP: \( PP = \frac{585}{0.9} = 650 \).

- Option 1: 615

- Option 2: 750

- Option 3: 585

- Option 4: 650