A shopkeeper allows a 28 discount on the marked price of an article and still makes a profit of 30 I...........

Quantitative Aptitude (CGL) Profit and loss

A shopkeeper allows a 28% discount on the marked price of an article and still makes a profit of 30%. If he gains Rs39.90 on the

sale of one article, then what is the marked price (to the nearest Rs) of the article?

This questions was previously asked in

SSC CGL 18th April 2022 Shift-1

200

240

173

133

- The shopkeeper’s cost price (CP) is unknown, but his gain on sale is Rs 39.90.

- The profit percent is 30%. So, let’s get the CP:

- 30% of CP = 39.90 ? CP = 39.90 / 0.3 = Rs 133

- He sells at a 28% discount off the marked price (MP).

- Selling price (SP) = CP + Profit = 133 + 39.90 = Rs 172.90

- At a 28% discount, SP = 72% of MP ? 0.72 × MP = 172.90

- Therefore, MP = 172.90 / 0.72 ˜ Rs 240

- Option 2 (240) is the correct answer.

- Options 1, 3, and 4 do not fit the calculations.

- To sum up, the solution aligns exactly with the numbers given.

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