Multiple Choice Questions

On the marked price of an article the difference between the two selling prices one with a single di...........

Quantitative Aptitude (MTS) Profit and loss

On the marked price of an article, the difference between the two selling prices, one with a single discount of 45% and the other

with two successive discounts of 20% and 25%, is Rs124. What is the marked price (in Rs) of the article?

This questions was previously asked in

SSC MTS 14th October 2021 Shift-2

2,540

2,480

2,520

2,500

- Let's find the marked price of the article using the given conditions.

- Consider "M" as the marked price of the article.

- First Option: A single discount of 45% is given.

- Selling price = M - 0.45M = 0.55M

- Second Option: Two successive discounts of 20% and 25% are applied.

- First discount = 20% of M; Selling price = 0.8M

- Second discount = 25% on the discounted selling price; Selling price = 0.75 * 0.8M = 0.6M

- The difference between the two selling prices is given as Rs 124.

- Equation: 0.55M - 0.6M = 124

- Solving: -0.05M = 124

- M = 124 / -0.05 = 2480

- The correct answer is option: 2,480.

- Therefore, the marked price of the article is 2,480 Rs.

Correct Answer: Option 2 (2,480)

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