New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    A shopkeeper marked his goods 32% above the cost price

    and earned a profit of Rs. 35 after selling it by giving a discount of 20%. Find the cost price of the article
    A Rs. 605 Correct Answer Incorrect Answer
    B Rs. 620 Correct Answer Incorrect Answer
    C Rs. 625 Correct Answer Incorrect Answer
    D Rs. 635 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let cost price of the article is Rs. ‘x’ Marked price of the article = 1.32 × x = Rs. 1.32x Selling price of the article = 0.8 × 1.32x = Rs. 1.056x So, 1.056x – x = 35 Or, 0.056x = 35 Or, x = 625 So, cost price of the article = Rs. 625

    Practice Next

    Relevant for Exams: