Profit and loss

Quantitative Aptitude (CGL)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

A shopkeeper bought a machine for Rs4600 and spent Rs500 on its repairs and transport. He marked the machine at 8% above the

over all cost price. If he sold the machine for Rs4681.80 after giving x% discount, then the value of x is:

This questions was previously asked in

SSC CGL 18th August 2021 Shift-3

Let’s break it down:

- The total cost to the shopkeeper is Rs4600 (machine) + Rs500 (repairs and transport) = Rs5100.

- He marks the price at 8% above this:

8% of 5100 is 408, so marked price = 5100 + 408 = Rs5508.

- He ends up selling it for Rs4681.80 after a discount.

Here’s the calculation for the discount:

- Discounted price = Marked Price × (1 - x/100)

- 4681.80 = 5508 × (1 - x/100)

- (1 - x/100) = 4681.80 / 5508 ˜ 0.8505

- x/100 = 1 - 0.8505 = 0.1495 ? x ˜ 15%

So, the correct answer is Option 1: 15

- Option 2 (20%), Option 3 (12%), and Option 4 (18%) don’t fit the math.