Multiple Choice Questions on A bookshop sells books whose marked price is Rs 300 at a discount of 15 and gives a pamphlet costing........... for SBI (Clerical) Exam Preparation

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Multiple Choice Questions

A bookshop sells books whose marked price is Rs 300 at a discount of 15 and gives a pamphlet costing...........

Quantitative Aptitude (SBI-CL) Profit and loss
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    A bookshop sells books whose marked price is Rs. 300 at a discount of 15% and gives a pamphlet costing Rs. 15 free with each book. Even then he makes a profit of 20%. What is his cost price per book? 

    This questions was previously asked in
    SBI Clerk Pre 2022 (Shift 2)
    View All SBICler Previous Year Papers

    200 

    Correct Answer

    250

    Incorrect Answer

    150 

    Incorrect Answer

    220

    Incorrect Answer

    240

    Incorrect Answer
    Explanation:

    - The marked price of the book is Rs. 300.

    - A discount of 15% is offered, which makes the selling price Rs. 255 (300 - 45).

    - A pamphlet costing Rs. 15 is given free, so the effective selling price for cost calculation is Rs. 240 (255 - 15).

    - A profit of 20% is made on the cost price (CP).

    - If the selling price after including pamphlet cost is Rs. 240, this is 120% of the CP due to profit.

    - Calculating CP: 240 = 120% of CP implies CP = 240 / 1.20 = Rs. 200.

    Correct Answer: Option 1 - 200

    By: Parvesh Mehta
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