Latest SSC Aptitude Question SOLUTION: A shopkeeper allows 23% commission on his advertised price and still makes a profit of 10%. If he gains Rs. 56 on one item, his advertised price of the item, in Rs. is

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(#M40026034) SSC Numerical Ability question CGL quant Keep an EYE

A shopkeeper allows 23% commission on his advertised price and still makes a profit of 10%. If he gains Rs. 56 on one item, his advertised price of the item, in Rs. is

Asked In SSC Rats (10 years ago)

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Bablu Kumar  (7 years ago)

Let X is the Cost price of item.
As given Profit=56 and %Profit=10
so (56*100)/X=10 By solving this we will get X=560.
SP will be 560+56=616
Let Advertised price is Y
as he is giving 23% commission so he is taking 100-23 = 77% of advertised price.
so 77% of Y is 616
That is (Y*77)/100=616
Y=(616*100)/77=800 Answer.

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Aarzoo singla  (8 years ago)

I can't understand pls help

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