Profit and loss

Quantitative Aptitude (CPO)

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

An article wassold for Rs98,496 after providing three successive discounts of 10%, 5% and 4% respectively on the marked price. What

was the marked price?

This questions was previously asked in

SSC CPO 9th Dec 2019 Shift-1

Rs1,10,700

Rs1,20,000

Rs1,20,200

Rs1,20,500

- To find the marked price, work backwards considering each discount.

- First, reverse the 4% discount. After this, you have 98,496 / 0.96 = Rs 1,02,600.

- Next, reverse the 5% discount. After this, you have 1,02,600 / 0.95 = Rs 1,08,000.

- Finally, reverse the 10% discount. After this, you get 1,08,000 / 0.90 = Rs 1,20,000.

- Thus, the marked price is Rs 1,20,000.

Option 2: Rs 1,20,000