SSC Sample Paper SSC CGL - Sample Paper-2

  • question_answer
    If the selling price of an article is \[\frac{8}{3}\] times its cost price then the profit per cent on it is

    A)  120%              

    B)  160%

    C)  40%                            

    D)  60%

    Correct Answer: D

    Solution :

    Let the cost price of the article \[=Rs.\,x\] \[\therefore \]      SP of the article \[=Rs.\frac{8}{5}x\] \[\therefore \]      Profit \[=Rs.\frac{3x}{5}\] Profit percent \[=\frac{3x/5}{x}\times 100%=\frac{300}{5}%=60%\]

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