New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A shopkeeper bought an article for Rs. 18,000. He marked

    the article x% above the cost price and sold it after two consecutive discounts of 10% and 25%. Find the value of ‘x’ if in this transaction he had a profit of Rs. 468.
    A 45% Correct Answer Incorrect Answer
    B 48% Correct Answer Incorrect Answer
    C 50% Correct Answer Incorrect Answer
    D 52% Correct Answer Incorrect Answer
    E 55% Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 18000 × (100 + x)/100 = Rs. ‘18,000 + 180x’
    Selling price of the article = Rs. ‘18000 + 468’ = Rs. 18468
    Also, Selling price of the article = (18000 + 180x) × 0.75 × 0.90 =
    12150 + 121.5x = 18468
    121.5x = 6318
    x = 52
    So the value of x = 52%

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