Question : If the cost price of 20 books is the same as the selling price of 25 books, then the loss percentage is:
Option 1: 20%
Option 2: 25%
Option 3: 22%
Option 4: 24%
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 : Let each book's cost price (CP) be Rs. $x$. Selling price (SP) of 25 books = CP of 20 books = Rs. 20$x$ CP of 25 books = Rs. 25$x$ ⇒ Loss on 25 books = 25$x$ – 20$x$ = Rs. 5$x$ So, loss % $=\frac{\text{Loss}}{\text{CP}} × 100 = \frac{5x}{25x} × 100 = 20\%$ Hence, the correct answer is 20%.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : If the selling price of 40 articles is equal to the cost price of 50 articles, the loss or gain percent is:
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 : If the cost of 20 books is equal to the selling price of 18 books, then the gain percentage is:
Question : If the ratio of the cost price to the selling price of an article is 4 : 5, the percentage of profit will be:
Question : If the cost price of 28 oranges is equal to the selling price of 24 oranges, then the profit percentage is:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile