Question : If a vendor sells a coconut for Rs. 14.4, he makes a 10% loss. If he wants to make a 25% profit, then at what price (in Rs.) should he sell?
Option 1: 18
Option 2: 20
Option 3: 16
Option 4: 22
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: 20
Solution : Given: The Selling price of a coconut = Rs. 14.4 Loss percent = 10% Cost price = $\frac{\text{Selling price×100}}{100-Loss\%}$ Cost price = $\frac{14.4}{0.9}=16$ Selling price = $\frac{\text{Cost price (100+Profit%)}}{100}$ For 25% profit, Selling price = $16\times 1.25$ = Rs. 20 Hence, the correct answer is Rs. 20.
Candidates can download this ebook to know all about SSC CGL.
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Question : If a stall sells a pizza at Rs. 200, he makes a 20% loss. If he wants to make a 10% profit, then at what price (in Rs.) should he sell?
Question : A store sells a watch for a profit of 25% of its cost price. Then, the percentage of profit against the selling price is:
Question : A tradesman marks his goods 20% above his cost price. If he allows his customer a 20% discount on the marked price, how much profit or loss does he make, if any:
Question : A sells a cycle to B at a profit of 20% and B sells it to C at a loss of 25%. If C bought the cycle for Rs. P, then the cost price of it for A was:
Question : A man buys a watch for Rs. 1,950 in cash and sells it for Rs. 2,200 at a credit of 1 year. If the rate of interest is 10% per annum, then how much profit or loss will he have?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile