Multiple Choice Questions on A shopkeeper marks the marked price 25 more than the cost price that is Rs 1500 After giving two suc........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A shopkeeper marks the marked price 25 more than the cost price that is Rs 1500 After giving two suc...........

Quant (SSC) Profit and loss
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    A shopkeeper marks the marked price 25% more than the cost price that is Rs. 1500. After giving two successive discounts of 12% and x% he losses Rs. 15. Find the value of x.

    12%

    Incorrect Answer

    9%

    Incorrect Answer

    10%

    Correct Answer

    15%

    Incorrect Answer
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    Explanation:
    Let the cost price = 1500 Rs.
    Marked price = 1500 × 125% = 1875
    After giving two successive discounts of 12% and x% loss = Rs. 15
    1875 × (100 – 12)% × (100 – x)% – 1500 = – 15
    1875 × .88 × (100 – x)% – 1500 = – 15
    1650 × (100 – x)% – 1500 = – 15
    [1650 × (100 – x) – 150000] /100 = -15
    165000 – 1650x – 150000 = – 1500
    15000 + 1500 = 1650x
    16500 = 1650x
    x  = 10%

    By: Amit Kumar
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