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A shopkeer marks an article at Rs. 60 and sells at a discount of 15%. He also gives a gift worth Rs. 3. If the still makes 20% profit, the cost price is
  • a)
    Rs. 22
  • b)
    Rs. 32
  • c)
    Rs. 40
  • d)
    Rs. 42
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
A shopkeer marks an article at Rs. 60 and sells at a discount of 15%. ...
Given data:
Selling price after discount = Rs. 60 - 15% of Rs. 60 = Rs. 51
Profit = 20%
Gift = Rs. 3

To find: Cost Price

Let the cost price of the article be x

Calculation:

1. Profit earned by the shopkeeper
Profit = Selling price - Cost price
20% of Cost price = Rs. (51 + 3) - x
20% of x = Rs. 54 - x

2. Cost price of the article
100% of x = 5(54 - x)
100x = 270 - 5x
105x = 270
x = Rs. 40

Therefore, the cost price of the article is Rs. 40.
Free Test
Community Answer
A shopkeer marks an article at Rs. 60 and sells at a discount of 15%. ...
Discount = 15% of 60
= 9 Rs.
Gift = 3 Rs.
Total discount = 12
SP = 48 Rs.
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A shopkeer marks an article at Rs. 60 and sells at a discount of 15%. He also gives a gift worth Rs. 3. If the still makes 20% profit, the cost price isa)Rs. 22b)Rs. 32c)Rs. 40d)Rs. 42Correct answer is option 'C'. Can you explain this answer?
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A shopkeer marks an article at Rs. 60 and sells at a discount of 15%. He also gives a gift worth Rs. 3. If the still makes 20% profit, the cost price isa)Rs. 22b)Rs. 32c)Rs. 40d)Rs. 42Correct answer is option 'C'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about A shopkeer marks an article at Rs. 60 and sells at a discount of 15%. He also gives a gift worth Rs. 3. If the still makes 20% profit, the cost price isa)Rs. 22b)Rs. 32c)Rs. 40d)Rs. 42Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeer marks an article at Rs. 60 and sells at a discount of 15%. He also gives a gift worth Rs. 3. If the still makes 20% profit, the cost price isa)Rs. 22b)Rs. 32c)Rs. 40d)Rs. 42Correct answer is option 'C'. Can you explain this answer?.
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