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SSC Sample Paper Mock Test-13 SSC CGL Tear-II Paper-1

  • question_answer
    If the percentage of profit calculated on selling price of an article is 20, percentage of profit calculated on cost price will be

    A) 16        

    B)  24      

    C)  25

    D)  28

    Correct Answer: C

    Solution :

    \[\frac{SP-CP}{SP}\times 100=20\] \[\Rightarrow \] \[5\cdot SP-5\cdot CP=SP\] \[\Rightarrow \]\[4\cdot SP=5\cdot CP\] \[\therefore \] Required percentage \[=\frac{5-4}{4}\times 100=25%\]


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