SSC CGL 24 Aug 2021 Shift 3 Paper

Question : 57 of 100

Marks: +1, -0

A shopkeeper marks an article at a price such that, after giving a discount of

x \%

, he gains

20 \%

. If the cost price and the marked price of the article are ₹ 920 and

₹ 1472

respectively, then what is the value of

x

Solution:

Given, CP

=₹ 920, M P=₹ 1472

Profit per cent

=20 \%

Gain always count on CP Selling price

\;\; =\;\text " Cost price "\; ×[\;{100+\;\text " Profit "\; \%}/{100}]

\;\; =920 × \;{120}/{100}=1104

\;\text " Discount "\;=\;\text " MP "\;- {SP}

\;\; =1472-1104=368

Discount per cent or

x \%=\;{368}/{1472} × 100=25 \%

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