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

  • question_answer
    A shopkeeper buys 20 kg of a product of Rs. 150 per kg. 15% of product was damaged. At what price (per kg) should he sell the remaining so as to earn a profit of 20%? [SSC CGL Tier II, 2017]

    A) Rs. 211

    B) Rs. 205

    C) Rs. 200

    D) Rs. 203

    Correct Answer: A

    Solution :

    [a] CP of the product \[=150\times 20=\text{Rs}.\,\,3000\] Since, 15% of product was damage So, Remaining part of product \[=20\times \left( \frac{100-15}{100} \right)=17\,kg\] Now, new CP of the product \[=\frac{3000}{17}=176.47\approx \text{Rs}.\,\,176\,kg\] Now. SP of the product to get the profit of 20%                         \[=176\times \frac{120}{100}=\frac{176\times 6}{5}\]                         \[=\text{Rs}.\,\,211.20\approx \text{Rs}.\,\,211\]


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