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The marked price of an article is Rs. 45000. After 2 successive discounts of 5% and 10% respectively, it is sold to customer and still gets 10% of the profit in this transaction. What is cost price of an article?
  • a)
    Rs. 34977.27
  • b)
    Rs. 39801.22
  • c)
    Rs. 36794.64
  • d)
    Rs. 33455.78
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
The marked price of an article is Rs. 45000. After 2 successive discou...
Topper's approach:
Cost Price = 45000 × 0.95 × 0.9/1.1 = 34977.27
Detailed solution:
Given,
Marked price of an article = Rs. 45000
Selling price of an article = 45000 × 95/100 × 90/100 = 38475
Profit percentage = 10%
⇒ 10 = [(38475 – C.P)/C.P] × 100
⇒ 10C.P = 3847500 – 100C.P
⇒ C.P = 34977.27
∴ Cost price of an article is Rs. 34977.27
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The marked price of an article is Rs. 45000. After 2 successive discounts of 5% and 10% respectively, it is sold to customer and still gets 10% of the profit in this transaction. What is cost price of an article?a)Rs. 34977.27b)Rs. 39801.22c)Rs. 36794.64d)Rs. 33455.78Correct answer is option 'A'. Can you explain this answer?
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The marked price of an article is Rs. 45000. After 2 successive discounts of 5% and 10% respectively, it is sold to customer and still gets 10% of the profit in this transaction. What is cost price of an article?a)Rs. 34977.27b)Rs. 39801.22c)Rs. 36794.64d)Rs. 33455.78Correct answer is option 'A'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about The marked price of an article is Rs. 45000. After 2 successive discounts of 5% and 10% respectively, it is sold to customer and still gets 10% of the profit in this transaction. What is cost price of an article?a)Rs. 34977.27b)Rs. 39801.22c)Rs. 36794.64d)Rs. 33455.78Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The marked price of an article is Rs. 45000. After 2 successive discounts of 5% and 10% respectively, it is sold to customer and still gets 10% of the profit in this transaction. What is cost price of an article?a)Rs. 34977.27b)Rs. 39801.22c)Rs. 36794.64d)Rs. 33455.78Correct answer is option 'A'. Can you explain this answer?.
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