A shopkeeper gives a 12% additional discount on the discounted price, after giving an initial discount of 25% on the labelled price of a radio. If the final selling price of the radio is ₹792, then what is its labelled price (in ₹)?

This question was previously asked in
SSC CGL 2023 Tier-I Official Paper (Held On: 27 Jul 2023 Shift 1)
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  1. 1980
  2. 2330
  3. 1320
  4. 1200

Answer (Detailed Solution Below)

Option 4 : 1200
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Detailed Solution

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Given:- 

1st Discount = 25% of M.P

2nd Discount = 12% of 1st Discount

S.P = Rs. 792

Formula used:- 

Discount = Marked Price – Selling Price. And

Discount Percentage = (Discount/Marked price) x 100.

Calculation:-  

Let the marked price be x.

According to the question,

x × (88/100) × (75/100) = 792

⇒ x = (792 × 100 × 100)/(75 × 88)

⇒ x = 1200 

∴ The required answer is 1200.
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