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SSC CPO 2019 PYQ — Question 117

SSC CPO Tier I - 13th December 2019 - Shift 1 • Quantitative Aptitude • Q117

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A person bought an article at 30% discount on its marked price. The person then sold it at 30% profit for Rs. 427.70. What was the marked price of the article (in Rs.)?

Show answer & explanation

Correct answer: C

Explanation

The correct answer is option 3 i.e. 470

Let the marked price = Rs 100

After 30% discount = 100 – 30 = Rs 70

Now the person sold it at 30% profit:

Selling price of article = (70 + 70 × 0.3) = Rs 91

Actual selling price of article = Rs 427.70

So, 427.70/91 = 4.7 

So,

Actual marked price of article = 100 × 4.7 = Rs 470