Question
Download Solution PDFA shopkeeper charges his customer 23% more than the cost price. If a customer paid ₹30,135 for a dining table, then find its original price (in ₹).
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Cost Price (C.P.) = ?
Selling Price (S.P.) = ₹30,135
Markup Percentage = 23%
Formula used:
S.P. = C.P. + (Markup Percentage × C.P.)
S.P. = C.P. × (1 + Markup Percentage / 100)
Calculation:
30,135 = C.P. × (1 + 23 / 100)
⇒ 30,135 = C.P. × 1.23
⇒ C.P. = 30,135 / 1.23
⇒ C.P. = 24,500
∴ The correct answer is option 2.
Last updated on Jul 15, 2025
-> SSC Selection Phase 13 Exam Dates have been announced on 15th July 2025.
-> The SSC Phase 13 CBT Exam is scheduled for 24th, 25th, 26th, 28th, 29th, 30th, 31st July and 1st August, 2025.
-> The Staff Selection Commission had officially released the SSC Selection Post Phase 13 Notification 2025 on its official website at ssc.gov.in.
-> A total number of 2423 Vacancies have been announced for various selection posts under Government of India.
-> The SSC Selection Post Phase 13 exam is conducted for recruitment to posts of Matriculation, Higher Secondary, and Graduate Levels.
-> The selection process includes a CBT and Document Verification.
-> Some of the posts offered through this exam include Laboratory Assistant, Deputy Ranger, Upper Division Clerk (UDC), and more.
-> Enhance your exam preparation with the SSC Selection Post Previous Year Papers & SSC Selection Post Mock Tests for practice & revision.