Question : The selling price of 28 items is equal to the cost price of 17 items. What is the percentage of profit or loss?
Option 1: $39 \frac{2}{7} \%$ loss
Option 2: $39 \frac{2}{7} \%$ profit
Option 3: $33 \frac{2}{7} \%$ profit
Option 4: $33 \frac{2}{7} \%$ loss
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: $39 \frac{2}{7} \%$ loss
Solution : Let the cost price of each item be Re. 1 ⇒ cost price of 28 items = Rs. 28 Also, Selling price of 28 items = Rs. 17 ⇒ Loss = 28 - 17 = Rs. 11 ⇒ Loss % = $\frac{11}{28} × 100$ = $39\frac{2}{7}\%$ Hence, the correct answer is $39\frac{2}{7}\%$ loss.
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 cost price of 28 oranges is equal to the selling price of 24 oranges, then the profit percentage is:
Question : In a medical transaction, 17 times the cost price is equal to 8 times the sum of the cost price and the selling price. What is the gain or loss percentage?
Question : If a 10% loss is made on the selling price, the percentage of loss on the cost price will be:
Question : An article is sold at a certain price. If it is sold at $33 \frac{1}{3}$% of this price, there is a loss of $33 \frac{1}{3}$%. What is the percentage profit if the article is sold at 80% of its original selling price?
Question : The initial profit percentage on the sale of an item was 55%. If the item's cost price went up by 24%, but the selling price remained the same, what would be the new profit percentage?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile