SSC Sample Paper SSC CGL - Sample Paper-2

  • 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 percent?

    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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