SSC Selection Post 2023 PYQ — Question 57

SSC Selection Post - Matriculation Level - 28 June 2023 - Shift 4 • Quantitative Aptitude • Q57

Rajesh marks his goods 30% above the cost price but allows a 12% discount for cash payment. If he sells the goods for ₹3,500, find his cost price (up to one place of decimal).

Show answer & explanation

Correct answer: D

Explanation

The correct answer is Option 4 i.e.₹3,059.4

Let Cost Price = ₹x

Marked Price = x + 30%x = 1.3x

Selling Price after 12% discount = 1.3x×(1−12100)=1.3x×0.88=1.144x1.3x \times (1 - \frac{12}{100}) = 1.3x \times 0.88 = 1.144x

3500 = 1.444x

x = 3500/1.444 = 3059.4 Rs