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
    Raman bought an article at \[\frac{9}{10}\] of printed rate and sold at a price 8% more than printed rate. His gain percentage will be

    A) 8

    B) 10

    C) 18

    D) 20

    Correct Answer: D

    Solution :

    [d] Let printed rate of the article = Rs. x \[\therefore \] Cost price of the article \[=\text{Rs}.\,\,\frac{9x}{10}\] and selling price of an article \[=x+x\times \frac{8}{100}=x+\frac{2x}{25}=\text{Rs}.\,\,\frac{27x}{25}\] \[\therefore \] Gain percentage\[=\frac{\left( \frac{27x}{25}-\frac{9x}{10} \right)\times 100}{\frac{9x}{10}}%\] \[=\frac{\frac{9x}{50}}{\frac{9x}{10}}\times 100%=20%\]


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