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SSC CGL 2016 PYQ — Question 17

SSC CGL Tier II Quant - 01/12/2016 • Quantitative Aptitude • Q17

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The marked price of an article is 30% higher than the cost price. If a trader sells the articles allowing 10% discount to customer, then the gain percent will be

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Correct answer: A

Explanation

The correct option is 1.

let cost price (CP) = rs 100

MP (marked price) = 30% more than cost price = × 100 = 30 + 100 { here 100 =CP}

MP =rs 130

discount% = 10%

discount = 10% of 130 = rs 13 { ∵ discount = × MP}

So selling price SP = 130 -13 = 117 { ∵ SP = MP- discount}

gain = 117 - 100 = 17 { gain = SP-CP}

gain % = × 100 = 17%