Question : By selling 55 metres of cloth, one gains the selling price of 11 metres. Find the gain percent.
Option 1: 33%
Option 2: 15%
Option 3: 25%
Option 4: 23%
New: SSC MTS 2024 Application Form OUT; Direct Link
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: 25%
Solution : We know, Profit = Selling Price – Cost Price ⇒ 55 SP – 55 CP = 11 SP where SP = Selling Price and CP = Cost Price ⇒ 44 SP = 55 CP Now, let the cost price be Re. 1. ⇒ CP of 44 meter of cloth = Rs. 44 and SP of 44 meter of cloth = Rs. 55 ⇒ Profit percentage = $\frac{\text{Selling price – Cost price}}{\text{Cost price}}×100$ = $\frac{55-44}{44}\times100= 25$% Hence, the correct answer is 25%.
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Question : By selling 50 items, a shopkeeper gains the selling price of 10 items. What is his gain percentage?
Question : By selling 35 articles, a shopkeeper gains the selling price of 15 articles. Find his gain percentage.
Question : By selling 100 notebooks, a shopkeeper gains the selling price of 20 notebooks. What is his gain percentage?
Question : LCM of $\frac{5}{33},\frac{25}{11},\frac{20}{55},$ and $\frac{15}{77}$ is:
Question : If 2 times of selling price is equal to 3 times of cost price, then what is the profit percentage?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile