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SSC CHSL 5-March-2018 Shift 3 Paper
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© examsnet.com
Question : 12
Total: 100
Mohit sells a table at a profit of 25%. If he reduces its selling price by Rs 240, then he suffers a loss of 5%. What was the initial selling price (in Rs) of the table?
800
1000
1040
1120
Validate
Solution:
Let cost price = Rs. 100x
Profit % = 25%
⇒ Selling price =
100
x
+
25
100
×
100
x
=
R
s
.
125
x
If he reduces its selling price by Rs 240, then new Selling price = Rs.
(
125
x
−
240
)
Now, loss % =
(
C
.
P
.
−
S
.
P
.
)
C
.
P
.
×
100
⇒
100
x
−
(
125
x
−
240
)
100
x
×
100
=
5
⇒
240
−
25
x
=
5
x
⇒
5
x
+
25
x
=
30
x
=
240
⇒
x
=
240
30
=
8
∴ Initial selling price =
125
×
8
=
R
s
.
1000
© examsnet.com
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