ABC26GN2834 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

A shopkeeper marks his goods at such a price that

(a)` 5390

(b)` 5490 2

(c)` 70 after allowing a discount of 12.5% on the marked ` 6160

(d)Canno price, he still earns a profit of 10%. The marked ` 6260

(e)None price of an article which costs him ` 4900 is QUANTITATIVE APTITUDE

Answer

Answer (as printed): C

Explanation

C.P. = ` 4900. S.P. = 110% of ` 4900 = `  × 4900 = ` 5390.  100  Let marked price be ` x. 1  175 1  Then, 87 % of x = 5390 ⇒  × × x = 5390 2 2 100   5390 × 8  ⇒ x =   = 6160. 7 \ Marked price = ` 6160.

Explanation as extracted from the printed page; notation may be imperfect.

Open in whiteboard · Browse this chapter in the app