Question : A profit incurred by selling an article for INR 1,032 is equal to the loss incurred when the same article is sold for INR 648. What should be the selling price of the article if the profit is 30%?
Option 1: INR 2,520
Option 2: INR 1,050
Option 3: INR 1,092
Option 4: INR 998
New: SSC CHSL tier 1 answer key 2024 out | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: INR 1,092
Solution : Let the Cost Price be INR $x$ According to the question, 1032 – $x$ = $x$ – 648 ⇒ 1680 = 2$x$ ⇒ $x$ = $\frac{1680}{2}$ ⇒ $x$ = 840 The selling price (SP) at 30% profit = $\frac{840×130}{100}$ = INR 1092 Hence, the correct answer is INR 1,092.
Candidates can download this e-book to give a boost to thier preparation.
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Question : By selling a watch for INR 1,600, a person gets a profit that is equal to the loss of selling the same watch for INR 1,400. If the person wants to get a profit of 20%, at what price should he sell the watch?
Question : 70% of the cost price of an article is equal to 40% of its selling price. What is the profit or loss percent?
Question : If an article is sold for INR 402, there is a loss of 33% At what price should it be sold to get 37% profit?
Question : Pawan purchases 70 articles for INR 16,875 and sells them at a loss equal to the Selling Price of 5 articles. What will be the Selling Price of one article?
Question : A person bought two goods for INR 19,500. He sold one at a loss of 20% and the other at a profit of 15%. If the selling price of each good is the same, find the cost price of goods sold at profit.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile