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SSC Sample Paper Mock Test-2 SSC CGL Tear-II Paper-1

  • question_answer
         Arpita bought a watch with 30% discount on the labelled price and sold it with 20% profit on the labelled price. Approximately, what was her percentage profit on the price she bought?

    A)  70       

    B)  85

    C)  65                               

    D)  50

    Correct Answer: A

    Solution :

    Labelled price = Rs. x \[\therefore \]CP of watch = Rs. 0.70x SP of watch = Rs. 1.20x \[\therefore \]Profit \[=SP-CP=1.20x-0.70x=0.50x\] \[\therefore \]Required percentage profit \[=\frac{0.50x}{0.70x}\times 100=71.4%\approx 70%\]               


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