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SSC Quantitative Aptitude Profit and Loss Question Bank Profit Loss and Discount (II)

  • question_answer
    An article is sold at a gain of 15% Had it been sold for Rs. 27 more, the profit would have been 20%. The cost price  of the article is

    A) Rs. 500

    B) Rs. 700

    C) Rs. 540

    D) Rs. 545

    Correct Answer: C

    Solution :

    [c] Let CP of the article be Rs. x Then, 20% of \[x-15%\] of x = 27 \[\Rightarrow \]   5% of x = 27 \[\Rightarrow \]          \[x=27\times \frac{100}{5}=\text{Rs}.\,\,540\]


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