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:
Option 1: Rs. 6,000
Option 2: Rs. 10,000
Option 3: Rs. 12,000
Option 4: Rs. 8,000
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: Rs. 8,000
Solution : Initial gain = 5% of cost price After increasing the selling price by Rs. 240, Final gain = 8% of cost price ⇒ Rs. 240 = 8% of cost price– 5% of cost price ⇒ Rs. 240 = 3% of cost price Cost price = $\frac{240}{0.03}$ = Rs. 8,000 Hence, the correct answer is Rs. 8,000.
Candidates can download this ebook to know all about SSC CGL.
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
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.
Question : Rahim bought a TV at 20% discount on the list price. Had he bought it on a 25% discount, he would have saved Rs. 500. At what price did he buy the TV?
Question : A T.V. is sold at 8% gain. Had it been sold for Rs. 714 more, the gain would have been 15%. To gain 18%, the selling price of the T.V. should be:
Question : Ankita sold her watch at a 5% loss. If she had sold it for Rs. 300 more, she would have gained 5%. Find the selling price of the watch.
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?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile