Profit and loss

Quantitative Aptitude (MTS)

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Indian Economy - Understanding the basics of Indian economic system

On an 18% discount sale, an a1iicle costs Rs6,560. What is the marked price of the article?

This questions was previously asked in

SSC MTS 8th July 2022 Shift-3

Rs8,800

Rs7,000

Rs8,000

Rs7,500

- The article is sold at an 18% discount, and its sale price is Rs6,560.

- Let's calculate the marked price (M) using the formula for discount sale: Sale Price = Marked Price - (Discount Percentage × Marked Price)

- Simplified, Sale Price = Marked Price × (1 - Discount Percentage)

- Plugging in the numbers:

Rs6,560 = M × (1 - 0.18)

Rs6,560 = M × 0.82

M = Rs6,560 / 0.82 = Rs8,000

- Option 3: Rs8,000 is the correct answer.