SSC CPO SI and ASI Model Paper 8

Question : 130 of 200

Marks: +1, -0

The marked price of an item is₹6,000. If discount increases from 10% to 30%, then profit decreases from 35% to 5%. Find the cost price of the item.

Solution:

(1) If discount is 10%, then
S.P. = 90% of M.P.
If profit is 35%, then S.P. = 135% ofC.P.
∴ 90% of M.P. = 135% of C.P.

⇒C.P. = 90% /{135%}of M.P.= 2/3of M.P

= 2/3× 6000 = ₹4,000

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