Multiple Choice Questions

Raju sells an object at 20 below its cost price If he sold it for Rs 450 more he would have made a p...........

Quantitative Aptitude (MTS) Profit and loss

Raju sells an object at 20% below its cost price. If he sold it for Rs 450 more, he would have made a profit of 25%. What is the

original selling price of the object?

This questions was previously asked in

SSC MTS 8th July 2022 Shift-3

Rs700

Rs500

Rs900

Rs800

- Let's assume the cost price of the object is Rs $x$ .

- Raju sells it at 20% below cost price, so selling price = $x - \frac{20}{100} x = 0.8 x$ .

- If sold for Rs 450 more, the selling price = $0.8 x + 450$ .

- He makes a 25% profit if sold for Rs 450 more, thus selling price = $x + \frac{25}{100} x = 1.25 x$ .

- Equating both expressions for new selling price: $0.8 x + 450 = 1.25 x$ .

- Solving gives: $0.45 x = 450$ $x = 1000$ .

- Original selling price is $0.8 \times 1000 = 800$ .

- Option 4: Rs 800 is the correct answer .

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