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SSC Sample Paper Mock Test-7 SSC CGL Tear-II Paper-1

  • question_answer
    If an article is sold for Rs. 178 at a loss of 11%, what should be its selling price in order to earn a profit 11%?

    A)  Rs. 222.50

    B)  Rs. 267

    C)  Rs. 222

    D)  Rs. 220

    Correct Answer: C

    Solution :

    The article sold at 11% loss \[\therefore \]      89% of CP = Rs.178 \[\Rightarrow \]   CP = Rs. \[\frac{178\times 100}{89}\]= Rs. 200 To gain 11%, SP 11% of Rs. 200 = Rs. \[\frac{111}{100}\times 200\] = Rs. 222


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