Multiple Choice Questions

Trader A gives a single discount of 25 and Trader B gives two successive discounts of 20 and 5 on an...........

Quantitative Aptitude (CGL) Profit and loss

Trader A gives a single discount of 25% and Trader B gives two successive discounts of 20% and 5% on an identical item. If the

discount given by A is Rs320 more than the discount given by B, then what is the marked price (in Rs) of the item?

This questions was previously asked in

SSC CGL 24th August 2021 Shift-2

3200

32000

30000

25000

Here's a breakdown of this problem:

- Cost Price (CP): Let's assume the cost price is $100.

- Marked Price (MP): The shopkeeper marks it 40% above the CP. This means MP = $100 + 40% of $100 = $140.

- Discount: A 25% discount is given on the MP. This makes the Selling Price (SP) = $140 - 25% of $140 = $140 - $35 = $105.

- Gain/Loss Calculation: The gain is calculated as SP - CP = $105 - $100 = $5.

- Gain Percent: This is calculated as ($5 / $100) * 100 = 5%.

Correct Answer: 3. 5% Gain

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