CHSL & FCI PREPARATION

plz xplain, hum to confusia gaye hai
A shopkeeper allows a discount of 10% on the marked price . How much above cost price must he mark his goods (in rupees) to gain 8% ?

A) 110 B)120 C)108 D)118


@Manroop its not SSC fault ...its totally ur fault as they have clearly mentioned in their advertisement about the eligibility.....for those who are clear for paper3 but not eligible are only those cases who also opted for technical post inspite of knowing the the fact that they are not eligible
@Manroop said:
@kukucool47so wat abt al d guys who have been cleared in the technical grade ? everybdy nt eligible ???dude do u have any contact no of FCI regarding this ?
arey bhaiya technical paper is only for those who have studied bsc agriculture/biotech, its ur mistake that in examination form u marked technical post as a preference.. it was not for you...paper-1 was common for all, and because the cuttoff for technical went low(as compared with general) so ur name is in the list, bt u r nt from biotech/agriculture, so u cant give that exam. its simple itni si baat samjh nai arahi kya bhai...dont waste ur time n prepare for upcoming exams....
@joe8y

let cp=100

after 8% prf SP=108

90% of MP=108

MP=120


Ans =120

@kukucool47

cool,

but need some further steps

MP is 120

Marked at 20% above cost, 10% discount(120*10/100) = 120 - 12 = 108 should be correct answer.

golden rule is

CP applied with profit = MP applied with discount

@gautam_2012

bro 108 must be SP but what is asked is MP so the answer is 120.

Thus MP=120

Dis =10% on MP

SP=108

as Profit of 8% on CP thus CP=100.

@kukucool47

hmm agree, I mis-interpreted the question, thanks

If a merchant offers a discount of 40% on the marked price of his goods and thus ends up selling at cost price, what was the % mark up?

  1. optios are
  2. 28.57%
  3. 40%
  4. 66.66%
  5. 58.33%
@gautam_2012 60% of mp= cp
100% of mp= 100/60 cp=1.6666 cp
so, ans is 66.66%

yes answer is 66.66%

If a merchant offers a discount of 30% on the list price, then she makes a loss of 16%. What % profit or % loss will she make if she sells at a discount of 10% of the list price?

  1. 6% loss
  2. 0.8% profit
  3. 6.25% loss
  4. 8% profit
@gautam_2012 70% of lp= 84% of cp
90% of lp= 84*90/70=108
so, 8% profit
@kukucool47
dude u got me wrong, ok !!
I have not opted for the technical grade yet dey have shown my name under this, dats y m eager to know a solution regarding this, its better to ask rather than criticizin any1 here, hope u have now got my point !

@gautam_2012

Should be 8% Profit..

Approach:

Let 100 be the CP and let x/- be the LP of the Article..

Thus, SP=84[Since the owner is suffering a loss of 16%]

Now, SP=0.7x[Since a Discount of 30% is given on the article]

Thus, 0.7x= 84, or, x=120/-..LP=120..

Now, New SP=120*90/100[Since a Discount of 10% is given], or, New SP=108..

Thus, Profit=108-100/100*100 = 8%..
@gaurav..
aagyi teri 'itni' si baat smjh me mere bade bhai, but maine technical post ko opt hi ni kiya tha, and acche se criteria chk kr k hi fil kiya tha form, dats y m askin for the FCI no nthin else !

@pbcool

hey dear,

nice trick

can you please tell me how to solve these type of questions,

dude i m not criticizing anybody here...if u applied online than there was a option for post code A,B,C,D ... u must have opted for all ABCD ...this was completely computerized so no scope for manual error for giving ur result in technical cadre....

@gautam_2012 assume the initial mark price/list price =100%, then solve it...
in 2nd case, initial let lp=100,
a/to question,
30% less means 70% of lp= 84% of cp(16% loss)
& slove like that....

@kukucool47 fine thanks