The cost price of an article is Rs250 A shopkeeper gains 20 by selling it at a discount of 36 on its...........

Quantitative Aptitude (CGL) Profit and loss

The cost price of an article is Rs250. A shopkeeper gains 20% by selling it at a discount of 36% on its marked price. What is the

marked price (in Rs) of the article?

This questions was previously asked in

SSC CGL 23rd August 2021 Shift-2

450

380.50

475

468.75

- The cost price (CP) of the article is Rs250.

- The shopkeeper gains 20%, so the selling price (SP) is CP + 20% of CP.

- SP = 250 + (20% of 250) = 250 + 50 = Rs300.

- The article is sold at a 36% discount on the marked price (MP).

- This means SP = MP - 36% of MP = 64% of MP.

- We set up the equation: 0.64 * MP = 300.

- Solving for MP gives MP = 300 / 0.64 = Rs468.75.

- The correct marked price is Rs468.75, which is Option 4.

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