SSC CPO SI and ASI 2011 Paper

Question : 119 of 200

Marks: +1, -0

After allowing a discount of 16%, there was still a gain of 5%. Then the percentage of marked price over the cost price is

Solution:

(4) Let the cost price of the article be Rs. 100 and its marked price be Rs. y. So,

y×{100-16}/{100}=100 ×{105}/{100}

⇒ y=125

Therefore the percentage of marked price over cost price is 25%.

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