Profit and loss

Quantitative Aptitude (CPO)

Title

45:30

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Indian Economy - Understanding the basics of Indian economic system

Elizabeth went to a furniture store and purchased a study table. She received a 20% discount on it. She would have saved

Rs.1,000 more if she had received a 25% discount. What was the marked price of the sofa?

This questions was previously asked in

SSC CPO 11th Nov 2022 Shift 3

Rs.21,100

Rs.20,000

Rs.18,900

Rs.19,200

- Elizabeth buys a study table with a 20% discount.

- With a 25% discount, she would have saved Rs.1,000 more.

- The difference due to this 5% additional discount translates to Rs.1,000.

- If 5% of the marked price equals Rs.1,000, then:

- 1% of the marked price is Rs.200.

- 100% of the marked price, therefore, is Rs.20,000.

- Option 2, Rs.20,000, is the correct marked price.

Based on the explanation:

Option 2: Rs.20,000