SSC CGL 16 Aug 2015 Shift 2 Paper

Question : 128 of 200

Marks: +1, -0

A dealer buys an article listed at Rs. 100 and gets successive discounts of 10% and 20%. He spends 10% of the cost price on transportation. At whatprice should he sell the articleto earn a profit of 15%?

Rs. 90.80
Rs. 92.00
Rs. 91.08
Rs. 91.20

Validate

Solution:

Single equivalent discount
=

(0+20-{10×20}/{100})%

= (30 – 2)% = 28%
∴ C.P. of article = 100 – 28
= Rs. 72
Actual cost price of article
=

{72×110}/{100}

= Rs. 79.2
∴ For a profit of 15%,
Required S.P. =

{79.2×115}/{100}

= Rs. 91.08

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