Question
Download Solution PDFA shopkeeper marks his goods in such a way that after allowing a discount of 22% he gains 20%. If the cost price of the article is ₹650, then its marked price is:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
A shopkeeper marks his goods in such a way that after allowing a discount of 22% he gains 20%. If the cost price of the article is ₹650
Formula used:
If a shopkeeper wants a profit of R% after allowing a discount of r%
Calculation:
As per the question,
650 = marked price × (100 - 22) / (100 + 20)
⇒ marked price = 650 × 120 / 78
⇒ Rs 1000
So the marked price of the article is Rs 1000
Last updated on Jun 13, 2025
-> The SSC CGL Notification 2025 has been released on 9th June 2025 on the official website at ssc.gov.in.
-> The SSC CGL exam registration process is now open and will continue till 4th July 2025, so candidates must fill out the SSC CGL Application Form 2025 before the deadline.
-> This year, the Staff Selection Commission (SSC) has announced approximately 14,582 vacancies for various Group B and C posts across government departments.
-> The SSC CGL Tier 1 exam is scheduled to take place from 13th to 30th August 2025.
-> Aspirants should visit ssc.gov.in 2025 regularly for updates and ensure timely submission of the CGL exam form.
-> Candidates can refer to the CGL syllabus for a better understanding of the exam structure and pattern.
-> The CGL Eligibility is a bachelor’s degree in any discipline.
-> Candidates selected through the SSC CGL exam will receive an attractive salary. Learn more about the SSC CGL Salary Structure.
-> Attempt SSC CGL Free English Mock Test and SSC CGL Current Affairs Mock Test.
-> Candidates should also use the SSC CGL previous year papers for a good revision.