SSC Sample Paper SSC CGL - Sample Paper-10

  • question_answer
    A trader wishes to gain 20% after allowing 10% discount on the marked price to his customers. At what per cent higher than the cost price must he marks his goods?

    A)  30                               

    B)  \[33\frac{1}{3}\]

    C)  \[34\frac{2}{3}\]                      

    D)  35

    Correct Answer: B

    Solution :

    Let the CP be Rs. 100. Then, \[\text{SP}=Rs.120\] Let the marked price be Rs. x. Then, 90% of x \[\text{SP}=Rs.120\] \[\Rightarrow \]   \[x=\frac{120\times 100}{90}=\frac{400}{3}\]                \[=133\frac{1}{3}\] It is \[33\frac{1}{3}%\] higher than the CP.

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