Kuldeep offers his customers a discount of 10 on the marked price of a suitcase and he still makes a...........

Quantitative Aptitude (CHSL) Profit and loss

Kuldeep offers his customers a discount of 10% on the marked price of a suitcase and he still makes a profit of 20%. What is

the actual cost of the suitcase marked for Rs2,500?

This questions was previously asked in

SSC CHSL 8th June 2022 Shift-1

Rs1,860

Rs1,875

Rs1,865

Rs1,870

- The marked price of the suitcase is Rs2,500.

- A discount of 10% is given on the marked price: 10% of Rs2,500 = Rs250.

- Therefore, the selling price after discount = Rs2,500 - Rs250 = Rs2,250.

- Despite the discount, Kuldeep makes a profit of 20%.

- Let the cost price be 'x'.

- Profit = Selling Price - Cost Price or 20% of Cost Price = Rs2,250 - x.

- Therefore, 20/100 * x = Rs2,250 - x.

- This gives us: 1.2x = Rs2,250.

- Solving for x, the cost price: x = Rs2,250 / 1.2 = Rs1,875.

- Option 2: Rs1,875 is the correct answer.

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