A trader marks the cost of a car 24 above its price and allows a discount of 15 If the discount is R...........

Quantitative Aptitude (CPO) Profit and loss

A trader marks the cost of a car 24% above its price and allows a discount of 15%. If the discount is Rs 2,23,200, then the cost price of

the car is:

This questions was previously asked in

SSC CPO 14th-March-2019-Shift-2

Rs 14,25,000

Rs 12,00,000

Rs 15,80,000

Rs 11,60,000

- The car's marked price is 24% above the cost price.

- Let the cost price be 'x'.

- The marked price becomes \( x + 0.24x = 1.24x \).

- A 15% discount is allowed on the marked price.

- This implies \( 0.15 \times 1.24x = 2,23,200 \).

- Simplifying, \( 0.186x = 2,23,200 \).

- Solving for x:

\( x = \frac{2,23,200}{0.186} \)

\( x = 12,00,000 \).

- Option 1: Rs 14,25,000

- Does not match calculated cost price.

- Option 2: Rs 12,00,000

- This is the correct answer.

- Option 3: Rs 15,80,000

- Does not match calculated cost price.

- Option 4: Rs 11,60,000

- Does not match calculated cost price.

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