Algebra

Quantitative Aptitude (CHSL)

Title

45:30

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38 of 100 completed

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Indian Economy - Understanding the basics of Indian economic system

After allowing 15% discount, a dealer wishes to sell a machine for Rs1,22,700. At what price must the machine be marked?

(Consider up to two decimals)

This questions was previously asked in

SSC CHSL 26th May 2022 Shift-1

Rs1,22,352.94

Rs1,44,352.94

Rs1,48,352.94

Rs1,36,352.94

Let’s break this down:

- The dealer wants to *actually get* Rs1,22,700 after giving a 15% discount.

- So, Rs1,22,700 is 85% (that’s 100% minus the 15% discount) of the marked price.

- To find the marked price, set up the equation:

Marked Price × 85/100 = 1,22,700

Marked Price = 1,22,700 × (100/85) = 1,44,352.94

Now, for those options:

- Option 1: Rs1,22,352.94 — This is actually less than the selling price after discount. Not possible.

- Option 2: Rs1,44,352.94 — This ticks all the boxes. It’s the right answer.

- Option 3: Rs1,48,352.94 — This is higher than needed. The calculation doesn’t lead here.

- Option 4: Rs1,36,352.94 — This is lower and not matching the calculation.