An article costs Rs750 It is marked up to give 30 profit What is the selling price if a customer get...........

Quantitative Aptitude (MTS) Profit and loss

An article costs Rs750. It is marked up to give 30% profit. What is the selling price if a customer gets a discount of 15% on it?

This questions was previously asked in

SSC MTS 8th July 2022 Shift-1

Rs 758.75

Rs 828.75

Rs 800

Same as the cost price

- The cost price of the article is Rs 750.

- To achieve a 30% profit, the selling price is increased by 30%:

$$ \text{New price} = 750 + (30\% \times 750) = 750 + 225 = 975 $$

- The article is then sold at a 15% discount from the marked price:

$$ \text{Discounted price} = 975 - (15\% \times 975) = 975 - 146.25 = 828.75 $$

- So, the selling price after discount becomes Rs 828.75.

- Reviewing the options:

- 1. Rs 758.75: Incorrect

- 2. Rs 828.75: Correct

- 3. Rs 800: Incorrect

- 4. Same as the cost price: Incorrect

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