Question : A dealer sold an article at a loss of 2%. Had he sold it for INR 44 more, he would have gained 20%. Find the cost price of the article.
Option 1: INR 250
Option 2: INR 300
Option 3: INR 400
Option 4: INR 200
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: INR 200
Solution : Given: A dealer sold an article at a loss of 2%. Had he sold it for INR 44 more, he would have gained 20%. Let the cost price of the article be 100%. The first percent = – 2% and the second percent = 20%. The difference between the percentage = 20 – (–2) = 22%. The cost price of the article at 22% = INR 44. The 1% of the cost price of the article = INR 2. The 100% of the cost price of the article = INR 200. Hence, the correct answer is INR 200.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : A trader sold an article at a profit of 20%. Had he bought that article at 60% less price and sold it at INR 90, he would have gained 50%. What is the value (in INR) of the cost price?
Question : A man sells an article for a 15% profit. If he had sold it for INR 6 more, he would have gained 18%. The man bought the article for:
Question : An article is sold at a 25% loss. If its cost price is doubled and the selling price is increased by INR 660, then there is a profit of 20%. What is the original cost price of the article?
Question : Anil bought two articles A and B at a total cost of INR 10,000. He sold Article A at a 15% profit and Article B at a 10% loss. In the whole deal, he made no profit or loss. Find the selling price of the article A.
Question : A man sold an article at a gain of 5%. Had he sold it for Rs. 240 more, he would have gained 8%. The cost price of the article is:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile