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SSC Sample Paper SSC CGL - Sample Paper-20

  • question_answer
    If a man estimates his loss as 20% of the selling price, then loss per cent is

    A) 20%                             

    B) 25%

    C) \[\frac{40}{3}%\]                      

    D) \[\frac{50}{3}%\]

    Correct Answer: D

    Solution :

    Let the SP of the article \[=Rs.\,x\] Then, loss = 20% of \[x=Rs.\,\frac{x}{5}\] \[\therefore \] Cost price of the article \[=Rs.\,x+\frac{x}{5}\]                                     \[=Rs.\,\frac{6x}{5}\] \[\therefore \] Loss per cent \[=\frac{x/5}{6x/5}\times 100%\]                         \[=\frac{50}{3}%\]


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