Multiple Choice Questions on A shopkeeper marks the price of the article in such a way that after allowing 28 discount he wants a........... for SSC CGL Exam Preparation

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Multiple Choice Questions

A shopkeeper marks the price of the article in such a way that after allowing 28 discount he wants a...........

Quantitative Aptitude (CGL) Profit and loss
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    A shopkeeper marks the price of the article in such a way that after allowing 28% discount, he wants a gain of 12%. If the

    marked price is Rs224. then the cost price of the article is:

    This questions was previously asked in
    SSC CGL 3rd March 2020 Shift-1
    View All ssc Previous Year Papers

    Rs168

    Incorrect Answer

    Rs144

    Correct Answer

    Rs120

    Incorrect Answer

    Rs196

    Incorrect Answer
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    Explanation:

    Marked price = 224
    Discount = 28%
    Selling price = 100 - 28% = 72% of the marked price
    = 224x72/100 = 161.28
    Profit = 20%
    Cost price =161.28/112 = Rs.144

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