- The problem provides the cost price (CP), profit percentage on CP, and discount percentage on marked price (MP). - First, calculate the Selling Price (SP) using the cost price and profit percentage: SP = CP + (Profit % of CP). Profit = 32% of 2500 = 0.32 2500 = Rs. 800. SP = 2500 + 800 = Rs.
A shopkeeper gives 12% discount on certain goods on marked price. However he still makes gross profit of 32% on cost price. If Rs. 2500 is cost price of that goods what is the marked price of that goods?
Asked in GPSC Prelims CSP 1 2019 · Topic: Tertiary Sector (Key Sub-sectors within Services: Overview and Interlinkages)
More Economic Development questions
- - The selling price is also the marked price after the discount is applied. So, SP = MP - (Discount % of MP). Discount = 12% of MP = 0.12 MP. Substitute the calculated SP into this equation: 3300 330000 / 88. - Simplifying the fraction: MP = 82500 / 22 = 41250 / 11 = 3750. 135. A shopkeeper marks the price of three identical articles, first, 60% above the Cost Price; second, 45% above the Cost Price and the third, 40% above the cost price. If he gives discount of 25% on first article, 20% on the second article and 15% on the third one, what is his overall profit percentage?
- A dealer bought a six-seater Dining Table after getting successive discounts of 15% and 12%. Thereafter, he spent 10% on transport, etc. and finally sold it for Rs. 24,169.75, thereby earning a profit of 25%. What was the marked price of the Dining Table?
- By selling an umbrella for ₹ 300, a shopkeeper gains 20%. During a clearance sale, the shopkeeper allows a rebate of 10% on the marked price. The percentage of the shopkeeper's gain is
- On a bus route from place A to place B, if the fare is kept at ₹ x per passenger, then 50-x passengers are expected to travel. What should be the fare in order to maximize the revenue?
- A swimming pool is filled by three pipes with uniform flow. The first two pipes operating simultaneously fill the swimming pool in the same time, during which the swimming pool is filled by the third pipe alone. The second pipe alone fills the swimming pool 5 hours faster than the first pipe and 4 hours slower than the third pipe. The time required by the first pipe only to fill the swimming pool is
- Two trains running in opposite directions cross a man standing on the platform in 27 seconds and 17 seconds respectively and they cross each other in 23 seconds. The ratio of their speeds is ____.
- National Commodity and Derivatives Exchange (NCDEX) announced the commencement of trading in the country’s first agriculture futures index called:
- Which one of the following is correct with respect to Pawan Hans?
