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

  • question_answer
    There would be a 10% loss, if rice is sold at Rs. 54 per kg. To earn a profit of 20%, the price of rice per kg will be [SSC CGL Tier II, 2015]

    A) Rs. 63

    B) Rs. 72

    C) Rs. 65

    D) Rs. 70

    Correct Answer: B

    Solution :

    [b] Cost price of rice \[=\frac{54\times 100}{90}=\text{Rs}.\,\,60\text{per}\,\,kg.\] Required amount of rice to get profit of 20%                         \[=\frac{60\times 120}{100}\]                         \[=\text{Rs}.\,72\]


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