SSC CGL 7 06 2019 Shift 1 Paper

Question : 75 of 100

Marks: +1, -0

By how much above the cost price should an article be marked up for sale so that after allowing two successive discounts of 20% and 6.25% on it, a net gain of 20% is made on the cost?

$6 6 2/3$ %
$46 1/6$ %
50%
60%

Validate

Solution:

Equivalent discount of 20% and 6.25% = 25%

\table \CP,:,\MP;100-\D%,:,100+\P%;75,:,120

Required

\%= {45}/{75} \×100 \%=60 \%

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