Question : By selling an article for INR 2,200, a profit of 10 % is earned. If the same article is sold for INR 2,600, then what will be the gain percentage?
Option 1: 20%
Option 2: 15%
Option 3: 37%
Option 4: 30%
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Correct Answer: 30%
Solution : Given: selling price = INR 2200 Let the cost price of the article be $x$. According to the question, $x × \frac{110}{100} = 2200$ ⇒ $x = 2000$ ⇒ Cost price = INR 2000 Now, New selling price = INR 2600 New profit = 2600 – 2000 = INR 600 New profit percentage = $\frac{\text{Profit}}{\text{Cost price}}\times100$ = $\frac{600}{2000}\times100$ = 30% Hence, the correct answer is 30%.
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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 : A person sells an article for a loss of 18%. If he increases the selling price by INR 144 and decreases the cost price by 30%, then there is a profit of 20%. What is the original selling price?
Question : The cost price of an article is INR 2,800. Profit as a percentage of the selling price is 20%. What is the actual profit (in INR)?
Question : An article is sold at a 25% loss. If its cost price is doubled and the selling price is increased by INR 660, then there is a profit of 20%. What is the original cost price of the article?
Question : A sold an item to B at a 20% gain, and B sold it to C at an 8% gain. C sold it to D at a 25% loss. If the difference between the profits of A and B is INR 260, then D bought it for:
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