Multiple Choice Questions on A product was marked for sale with a label price which is at 20 discount on the printed price At the........... for SSC CGL Exam Preparation

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Multiple Choice Questions

A product was marked for sale with a label price which is at 20 discount on the printed price At the...........

Quantitative Aptitude (CGL) Profit and loss
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    A product was marked for sale with a label price, which is at 20% discount on the printed price. At the time of sale, the

    shopkeeper gave an additional 10% discount on the label price. If a customer bought the product at Rs468, then what is the

    printed price of the product?

    This questions was previously asked in
    SSC CGL 4th March 2020 Shift-3
    View All ssc Previous Year Papers

    Rs700

    Incorrect Answer

    Rs650

    Correct Answer

    Rs520

    Incorrect Answer

    Rs600

    Incorrect Answer
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    Explanation:

    Let the printed price be 100%.
    Discount = 20%
    Label price = 100 - 20 = 80%
    Additional discount = 10%
    Selling price = 100 - 10 = 90% of label price = 80x90/100 = 72%
    72% = 468
    Printed price(100%) = 650/72x100 = 650

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