Question : A sold an article to B at 25% profit, and B further sold it to C by earning a certain profit. If the cost price for C is 30% more than the cost price for A, find the profit percentage earned by B.
Option 1: $5\frac{1}{2}\%$
Option 2: $4\%$
Option 3: $5\%$
Option 4: $4\frac{1}{2}\%$
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: $4\%$
Solution : Let the cost price for A be $x$. Now, selling price of A = Cost price of B = $\frac{100 + \text{Profit}}{100}$ × Cost price = $\frac{100 + 25}{100}\times x$ = $1.25x$ Now the cost price of C = $x + \frac{30}{100}\times x$ = $1.3x$ The cost price of C is equal to the selling price of B. $\therefore$ Profit percentage = $\frac{1.3x – 1.25x}{1.25x}\times 100$ = 4% Hence, the correct answer is 4%.
Candidates can download this ebook to know all about SSC CGL.
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Question : An article is sold at a certain price. If it is sold at $33 \frac{1}{3}$% of this price, there is a loss of $33 \frac{1}{3}$%. What is the percentage profit if the article is sold at 80% of its original selling price?
Question : Ram bought a cell phone and paid 30% less than its original price. He sold it at 50% profit on the price he had paid. The percentage of profit earned by Ram on the original price was:
Question : By what fraction must the selling price (SP) be multiplied to get the cost price (CP) if the loss is 20%?
Question : The percentage profit earned by selling an article for Rs. 2,000 is the same as the percentage loss incurred by selling the same article for Rs. 1,200. At what price should that article be sold to make a profit of 20%?
Question : What is the value of $\left(\frac{1}{a} - \frac{1}{b} - \frac{1}{c}\right)$, if $\frac{2a - 5}{a} - \frac{4b - 5}{b} + \frac{6c + 5}{c} = 0$?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile