Exams › SSC CGL (Prelims) › General
A manufacturer offers a product to a retailer at a 25% discount on the marked price. An additional shipping charge of 8% is applied. The retailer sells it for Rs. 2400 more, earning a 35% profit. What was the original marked price?
- Rs. 8,465.60
- Rs. 9,127.45
- Rs. 10,050.76
- Rs. 11,254.90
Correct answer: Rs. 8,465.60
Solution
If the retailer earns 35% profit and sells for Rs. 2400 more than the purchase price, then the selling price is linked to the cost price by the profit percentage. Using the given discount and shipping charge, the retailer’s cost price can be expressed in terms of the marked price. Solving the resulting equation gives the marked price as Rs. 8,465.60.
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