Profit and loss

Quantitative Aptitude (MTS)

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

After allowing a discount of 10% on the marked price of an article, it is sold for Rs450.Had the discount not been given, the profit

would have been 25%. What is the 50% of the cost price (in Rs) of the article?

This questions was previously asked in

SSC MTS 2nd Nov 2021 Shift-2

150

200

175

250

- The article was sold for Rs 450 after a 10% discount.

- Without the discount, the selling price would be the full marked price.

- A 25% profit means the selling price is 125% of the cost price.

- Let the cost price be Rs \( C \).

- Without the discount, the price should have been Rs \( 1.25C \).

- With a 10% discount on the marked price, Rs 450 is 90% of the marked price.

- Therefore, the marked price = Rs 500.

- Rs 500 is equal to Rs 1.25C due to a 25% profit condition.

- Solve \( 1.25C = 500 \). Hence, \( C = 400 \).

- 50% of Rs 400 is Rs 200.

Option 2: 200 is correct.