After allowing 10 discount on the marked price of an article a person makes a profit of 16 If the co...........

Quantitative Aptitude (CPO) Profit and loss

After allowing 10% discount on the marked price of an article, a person makes a profit of 16%. If the cost price of the article is Rs648,

then its marked price is:

This questions was previously asked in

SSC CPO 9th Dec 2019 Shift-2

Rs826.80

Rs835.20

Rs751.68

Rs910.40

- The cost price (CP) of the article is Rs. 648.

- A 16% profit on the cost price means the selling price (SP) is CP + 16% of CP.

- Calculate SP: SP = 648 + (16/100 * 648) = Rs. 751.68.

- The SP is achieved after a 10% discount on the marked price.

- Let the marked price be 'M'.

- SP = M - 10% of M = M - 0.1M = 0.9M.

- Since SP = 751.68, set 0.9M = 751.68.

- Solve for M: M = 751.68 / 0.9 = Rs. 835.20.

?? Correct Option: Option 2 - Rs. 835.20

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