Rajkumar decides to sell his watch at a discount of 5 However his brother purchases it from him and ...........

Quantitative Aptitude (CPO) Profit and loss

Rajkumar decides to sell his watch at a discount of 5%. However, his brother purchases it from him and receives an 8%

discount. Raj loses Rs.45 in profit as a result of this. What was the watch's marked price?

This questions was previously asked in

SSC CPO 11th Nov 2022 Shift 1

Rs.1,500

Rs.1,410

Rs.1,430

Rs.1,560

- Rajkumar originally intended to sell his watch at a 5% discount off the marked price.

- His brother received an 8% discount instead, leading to a profit loss of Rs. 45 for Raj.

- The difference in discount percent is 3% (8% - 5%).

- This 3% of the marked price equates to the Rs. 45 loss in profit.

- The equation becomes: 3% of Marked Price = Rs. 45.

- Solving for Marked Price: (3/100) * Marked Price = 45 ? Marked Price = (45*100)/3 ? Marked Price = Rs. 1,500.

- Option 1: Rs. 1,500

- Option 2: Rs. 1,410

- Option 3: Rs. 1,430

- Option 4: Rs. 1,560

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