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SSC Sample Paper SSC CGL - Sample Paper-19

  • question_answer
    A man wanted to sell an article with 20% profit but he actually sold at 20% loss for Rs. 480. At what price did he want to sell it to earn the profit?

    A) Rs. 720 

    B) Rs. 840

    C) Rs. 600             

    D) Rs. 750

    Correct Answer: A

    Solution :

    SP of the article which is sold at 20% loss \[=Rs.\,480\] \[\therefore \] CP of the article \[=Rs.\frac{480\times 100}{80}=Rs.\,600\] \[\therefore \] SP of the article to set profit of 20%             \[=Rs.\frac{600\times 120}{100}=Rs.\,720\]        


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