Syntel Company Numerical Ability Profit and Loss

A shopkeeper marks his goods 30% above the cost price and then allows 15% discount on it. What is the cost price of an article on which he gains Rs.840?

a)Rs.6400 b)Rs.8000 c)Rs.7000 d) Rs.9000

Read Solution (Total 1)

Let the cost price be Rs.100
Marked price – Rs.130
Discount allowed – 15%
Then selling price will be 130 -19.5 = 110.5
The gain when cost price is Rs.100 = 110.5 - 100 = 10.5
Cost Price Gain
100 10.5
? 840
Cost Price when gain is Rs.840 = 100/10.5 x 840 = 8000
11 years agoHelpfull: Yes(1) No(0)

Syntel Other Question

From 5 different green balls, four different blue balls and three different red balls, how many combinations of balls can be chosen taking at least one green and one blue ball? A shopkeeper sells a DVD player for Rs. 2880 and he makes the same percentage of profit as the loss percentage on selling price he makes if he sells at Rs.1920. What is the price at which the shopkeeper should sell this DVD player if he wants to make 30% profit?

a)Rs.3000 b)Rs.3120 c)Rs.3240 d) Rs. 3240