The selling price of an article is Rs 2 28 528 A shopkeeper marks its price 15 above its cost price ...........

Quantitative Aptitude (CPO) Profit and loss

The selling price of an article is Rs 2,28,528. A shopkeeper marks its price 15% above its cost price and gives a discount of 10%. The

cost price is:

This questions was previously asked in

SSC CPO 15th-March-2019-Shift-2

Rs2,20,800

Rs2,58,740

Rs2,87,390

Rs2,18,650

- The shopkeeper sets the price 15% higher than the cost price.

- Let the cost price be $ x $.

- The marked price becomes $ x + 0.15x = 1.15x $.

- Then, a discount of 10% is given on the marked price.

- The selling price after a 10% discount: $ 1.15x \times 0.90 = 1.035x $.

- This selling price equals Rs 2,28,528.

- Solve for $ x $:

$$1.035x = 2,28,528$$

$$x = \frac{2,28,528}{1.035}$$

$$x = 2,20,800$$

- Therefore, the cost price is Rs 2,20,800.

- Correct Answer: Option 1 – Rs 2,20,800.

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