Question
A shopkeeper marks an article at ₹x and offers a discount of 40% on it. He sells it for ₹348 after charging VAT of 25% on the discounted price. What is the value of x?
Asked in OSSC CGLRE Mains · 2025
Sales Tax · Quantitative Aptitude
Exam PYQ4 Options
Quick Revision
Sales tax is calculated as a percentage of the taxable selling price.
Correct AnswerCorrect option for this question
Learn Sales Tax in 60 Seconds
Understand the basic relationship between buying price, selling price, and the final gain or loss.
Everything you need to learn, practice & excel — in one place.
3,000+ Video-Based Study Material
PYQ-Based Quizzes
4,000+ Informative Audiobooks
6,300+ Full-Length Mock Tests
Daily Current Affairs
40,000+ PYQs
Questions Asked from Profit and Loss in Previous Exams
See how often Profit and Loss has appeared in previous-year questions across major government exams.
59UPSC Questions Asked in These Years:2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2026
39SSC Questions Asked in These Years:2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026
32Railways Questions Asked in These Years:2016, 2018, 2020, 2021, 2022, 2023, 2024, 2025, 2026
55State PSC Questions Asked in These Years:2002, 2004, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025
Profit and Loss has appeared in 185 previous-year exam questions, most frequently in UPSC, State PSC and SSC.
2-Minute Revision Notes
Revise Sales Tax and Its Related Concepts
Strengthen key concepts with exam-focused visual notes for faster revision.
Explore More Questions
Continue practising by chapter, topic and related subjects.
One question solved. Keep going.
Continue with the next Profit and Loss question and build your accuracy one question at a time.