Question : Sofia sold an iPhone at the cost of Rs. 46,068 at a loss of 12%. At what cost will she have to sell it to get a profit of 18%?
Option 1: Rs. 61,773
Option 2: Rs. 65,773
Option 3: Rs. 58,350
Option 4: Rs. 52,350
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. 61,773
Solution : The selling price of the iPhone at 12% loss = Rs. 46068 We know that loss% = $\frac{\text{Cost price}-\text{Selling Price}}{\text{Cost price}}\times 100$ ⇒ $12=\frac{\text{Cost price}-46068}{\text{Cost price}}\times 100$ ⇒ Cost price = Rs. 52350 Also, profit% = $\frac{\text{Selling Price}-\text{Cost price}}{\text{Cost price}}\times 100$ ⇒ $18=\frac{\text{Selling Price}-52350}{53350}\times 100$ ⇒ The selling price = Rs. 61773 Hence, the correct answer is Rs. 61773.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : Ram sold a plot for Rs. 4,00,000 at a 20% loss. For what price should he sell the plot to gain a 5% profit?
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:
Question : Three-fourths of a consignment was sold at a profit of 8% and the rest at a loss of 4%. If there was an overall profit of Rs. 600, then find the value of the consignment.
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 television and a refrigerator were sold for Rs. 12,000 each. If the television was sold at a loss of 20% of the cost and the refrigerator at a gain of 20% of the cost, the entire transaction resulted in:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile