Question : A man buys a toy for INR 400 and sells it at a loss of 15%. What is the selling price of the toy?
Option 1: INR 350
Option 2: INR 340
Option 3: INR 370
Option 4: INR 360
Answer (1)
19th Jan, 2024
Correct Answer: INR 340
Solution :
Given that the cost price (CP) is INR 400 and the loss percentage is 15%.
Selling price = cost price × (1 − loss percentage )
⇒ Selling price = 400 × (1 − 0.15) = 0.85 × 400 = 340
Hence, the correct answer is INR 340.
Comments (0)
Related Questions
Know More about
Staff Selection Commission Multi Tasking ...
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Get Updates Brochure
Thank You!
Your Staff Selection Commission Multi Tasking Staff Exam brochure has been successfully mailed to your registered email id “”.
Upcoming Exams
Exam Date:
30 Sep, 2024
- 14 Nov, 2024
Application Date:
23 Sep, 2024
- 15 Nov, 2024
Tier II
Exam Date:
18 Nov, 2024
- 18 Nov, 2024
Mains Exam
Exam Date:
30 Nov, 2024
- 30 Nov, 2024
Mains Exam
Exam Date:
14 Dec, 2024
- 14 Dec, 2024
