Profit and loss

Quantitative Aptitude (MTS)

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

If the difference between the selling prices of an article, when sold at 22% discount and at 14.5% discount, is Rs285, then the

marked price of the article is:

This questions was previously asked in

SSC MTS 7th October 2021 Shift-1

Rs3,400

Rs3,500

Rs3,800

Rs2,800

- The problem involves calculating the marked price of an article based on discounts.

- The difference in selling prices with a 22% discount and a 14.5% discount is Rs. 285.

- Let the marked price be 'P'.

- Selling price at a 22% discount = 78% of P = 0.78P.

- Selling price at a 14.5% discount = 85.5% of P = 0.855P.

- The difference is given by: 0.855P - 0.78P = Rs. 285.

- Solving: 0.075P = Rs. 285.

- P = Rs. 285 / 0.075 = Rs. 3,800.

Based on this calculation:

- Option 3: Rs. 3,800