UPSC Prelims 2016·CSAT·Quantitative Aptitude·Arithmetic

A person allows 10% discount for cash payment from the marked price of a toy and still he makes a 10% gain. What is the cost price of the toy which is marked Rs. 770?

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Last updated 23 May 2026, 3:31 pm IST
  1. ARs. 610
  2. BRs. 620
  3. CRs. 630Correct
  4. DRs. 640

Explanation

To find the cost price, we follow two simple steps based on the given information. First, calculate the Selling Price after the discount. The Marked Price is Rs. 770. A 10 percent discount on 770 is Rs. 77. Therefore, the Selling Price is 770 minus 77, which equals Rs. 693. Second, relate the Selling Price to the Cost Price using the gain percentage. The person makes a 10 percent gain, which means the Selling Price is 110 percent of the Cost Price. So, 110 percent of Cost Price equals 693. To find the Cost Price, divide 693 by 1.1. 693 divided by 1.1 equals 630. Thus, the cost price of the toy is Rs. 630. The correct option is C.
Quantitative Aptitude: A person allows 10% discount for cash payment from the marked price of a toy and still he makes a 10% gain. What is the

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