2. Questions Bank
  3. SSC
  4. Quantitative Aptitude
  5. Profit and Loss

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

  • question_answer
    By selling an article at 80% of its marked price, a trader makes a loss of 10%. What will be the profit percentage if he sells it at 95% of its marked price?

    A) 6.9

    B) 5

    C) 5.9

    D) 12.5

    Correct Answer: A

    Solution :

    [a] Let marked price = Rs. 100 and selling price = Rs. 80 In condition of 10% loss, the cost price of article             \[=\frac{80\times 100}{90}=\text{Rs}.\frac{800}{9}\] \[\therefore \] Required profit percentage \[=\frac{95-\frac{800}{9}}{\frac{800}{9}}\times 100=\frac{55}{8}\] = 6.9% (approx.)


You need to login to perform this action.
You will be redirected in 3 sec spinner