The marked price of a mobile phone is 12 more than its cost price If a discount of 8 is given on the...........

Quantitative Aptitude (CHSL) Profit and loss

The marked price of a mobile phone is 12% more than its cost price. If a discount of 8% is given on the marked price, then the

gain per cent is:

This questions was previously asked in

SSC CHSL 6th June 2022 Shift-1

2.92%

2.12%

3.04%

4.03%

- Let's assume the cost price (CP) of the mobile phone is ?100.

- The marked price (MP) is 12% more than CP, so MP = ?112.

- A discount of 8% on MP means selling price (SP) = 92% of MP = 0.92 × 112 = ?103.04.

- Gain = SP - CP = ?103.04 - ?100 = ?3.04.

- Gain percent = (3.04/100) × 100 = 3.04%.

- Option 3: 3.04% (Correct, matches calculation.)

- Option 1: 2.92% (Lower than correct answer.)

- Option 2: 2.12% (Lower than correct answer.)

- Option 4: 4.03% (Higher than correct answer.)

Correct Answer: Option 3–3.04%

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