SSC Sample Paper Mock Test-4 SSC CGL Tear-II Paper-1

  • question_answer
    If selling price of an article is - times its cost price, the profit percent on it is

    A)  120%              

    B)  160%

    C)  40%                            

    D)  60%

    Correct Answer: D

    Solution :

    Let the cost price be Rs. x. Selling price = Rs. \[\frac{8}{5}x\] \[\therefore \]Gain\[=\frac{8x-5x}{5}\]= Rs. \[\frac{3x}{5}\] Now, gain per cent   \[=\frac{5}{x}\times 100=\frac{3}{5}\times 100=60%\]


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