Profit and loss

Quantitative Aptitude (CGL)

Title

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Indian Economy - Understanding the basics of Indian economic system

The marked price of a mobile phone is Rs 15,000 and the shopkeeper sold it for Rs 13,500. What is the rate of discount offered by the shopkeeper?

This questions was previously asked in

ssc cgl 2023 pre

11%

10%

12%

- The marked price (MP) of the mobile phone is Rs 15,000.

- The selling price (SP) is Rs 13,500.

- The discount amount is MP - SP, which is Rs 15,000 - Rs 13,500 = Rs 1,500.

- The rate of discount is calculated as (Discount / MP) × 100.

- So, (1,500 / 15,000) × 100 = 10%.

- Option 1: 11%

- Incorrect. Calculated discount is not 11%.

- Option 2: 9%

- Incorrect. The rate is more than 9%.

- Option 3: 10%

- Correct. The math checks out.

- Option 4: 12%

- Incorrect. This exceeds the calculated figure.