A dealer purchased a washing machine for Rs 9,000. He allows a discount of 10% on its makred price and still gains 10%. Find the marked price of the machine.
This questions was previously asked in
ssc cgl 2023 pre
Rs 12,000
Incorrect AnswerRs 13,000
Incorrect AnswerRs 10,000
Incorrect AnswerExplanation:
- The dealer purchased the washing machine for Rs 9,000.
- The dealer wants a gain of 10% on the cost price.
- This means the selling price needs to be: Rs 9,000 + 10% of Rs 9,000 = Rs 9,900.
- He offers a discount of 10% on the marked price.
- So, the marked price multiplied by 90% (or 0.9) should equal the selling price (Rs 9,900).
To find the marked price, use the equation:
\[ \text{Marked Price} \times 0.9 = 9,900 \]
Solving for the marked price, you get:
\[ \text{Marked Price} = \frac{9,900}{0.9} = Rs 11,000 \]
- Option 1: Rs 11,000 is correct.
- Option 2: Rs 12,000 is incorrect.
- Option 3: Rs 13,000 is incorrect.
- Option 4: Rs 10,000 is incorrect.
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By: Parvesh Mehta