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SSC Sample Paper SSC CGL - Sample Paper-21

  • question_answer
    A man buys an article for Rs. 80 and marks it as Rs. 120. He then allows a discount of 40%. What is the loss or gain per cent?

    A) 12% gain                      

    B) 12% loss

    C) 10% gain                      

    D) 10% loss

    Correct Answer: D

    Solution :

    CP of the article \[=Rs.\,80\] and marked price of the article \[=Rs.\,120\] \[\therefore \]      SP of the article \[=Rs.\frac{60\times 120}{100}\]                                     \[=Rs.72\] \[\therefore \]      Loss% \[=\frac{80-72}{80}\times 100%\]                         \[=\frac{800}{80}%=10%\]


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