Question : Ramesh sold a book at a loss of 30%. If he had sold it for Rs. 140 more, he would have made a profit of 40%. The cost price of the book is:
Option 1: Rs. 280
Option 2: Rs. 200
Option 3: Rs. 260
Option 4: Rs. 300
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: Rs. 200
Solution : Loss = 30% of cost price ⇒ Selling price = cost price – loss = 70% of cost price 70% of cost Price + Rs.140 = cost price + profit Profit = 40% of cost price ⇒ 70% of cost price + Rs. 140 = 140% of cost price ⇒ 70% of cost price = Rs. 140 ⇒ Cost price = $\frac{140}{0.7}$ = Rs. 200 Hence, the correct answer is Rs. 200.
Candidates can download this ebook to know all about SSC CGL.
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Question : A watch is sold at a profit of 25%. Had it been sold for Rs.120 less then, there would have been a loss of 15%. What is the cost price in rupees?
Question : A dealer sold an article at a loss of 2%. Had he sold it for INR 44 more, he would have gained 20%. Find the cost price of the article.
Question : A man sold an article at a gain of 5%. Had he sold it for Rs. 240 more, he would have gained 8%. The cost price of the article is:
Question : The cost of an article is Rs. 200. If 20% profit is made after giving a 20% discount on the marked price, the marked price is:
Question : A trader sold an article at a profit of 20%. Had he bought that article at 60% less price and sold it at INR 90, he would have gained 50%. What is the value (in INR) of the cost price?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile