Profit and loss

Quantitative Aptitude (CPO)

Title

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Indian Economy - Understanding the basics of Indian economic system

After successive discounts of 10% and 5%, an article was sold for Rs.342. What was the original price of the article?

This questions was previously asked in

SSC CPO 11th Nov 2022 Shift 3

Rs.400

Rs.342

Rs.300

Rs.442

- The article is sold after two successive discounts.

- First, a 10% discount is applied:

- If the original price is Rs. X, then the price after a 10% discount is 0.9X.

- Next, a 5% discount is applied to the discounted price:

- The price after the additional 5% discount becomes 0.95 * 0.9X = 0.855X.

- The final price after both discounts is Rs. 342; thus, 0.855X = 342.

- Solving for X, X = 342 / 0.855, which equals Rs. 400.

- This makes the original price Rs. 400.

Option 1: Rs. 400