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<html><body><h2 id="content-id-4217895630-2"><b>Profit And Loss Questions Overview</b></h2><p>Profit And Loss Questions have a good weightage in the Ssc Chsl Exam and the type of question asked in Ssc Chsl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Profit And Loss Questions.</p><h2 id="content-id-9287465130-3"><b>Question On Profit And Loss </b></h2>A shopping app lists an item at 55% above its cost price. At checkout, a 20% instant discount is applied, after which a cashback equal to 10% of the discounted bill is credited to the customer. If the customer's effective payment is Rs.7,254, find the cost price of the item.
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 41 Seconds </h3></div></div><h2 id="content-id-6731248059-4"><b> Profit And Loss Questions Options</b></h2><ol><li><p>Rs.6000</p>
</li><li><p>Rs.7500</p>
</li><li><p>Rs.6800</p>
</li><li><p>Rs.6500</p>
</li><li><p>Rs. 6900</p>
</li></ol> <h2 id="content-id-2190385467-5"><b> Profit And Loss Questions Solution</b></h2><p>The correct answer is <strong>option 4</strong> i.e. <strong>Rs</strong>.<strong>6,500</strong>.</p>

<p>Let the cost price of the item = â&#130;¹x</p>

<p>Listed price = 155% of x = (155/100) × x</p>

<p>After a 20% instant discount, the billed amount = (80/100) × (155/100) × x = 1.24x.</p>

<p>Since the cashback is 10% of the billed amount, the customer's effective payment is 90% of the billed amount : (90/100) × 1.24x = 7254</p>

<p>1.116x = 7254 ⇒ x = 7254 ÷ 1.116 = â&#130;¹6,500.</p>


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