SSC Sample Paper SSC CGL - Sample Paper-30

  • question_answer
    A shopkeeper marks his goods 20% above the cost price but allows 30% discount for cash. His net loss is

    A) 8%                               

    B) 10%

    C) 16%                             

    D) 20%

    Correct Answer: C

    Solution :

    Let the cost price \[=Rs.\,x\] \[\therefore \] Marked price of the article \[Rs.\frac{6x}{5}\] SP of the article \[=\frac{6x}{5}\times \frac{70}{100}=Rs.\frac{21x}{25}\] \[\therefore \]      Loss \[=Rs.\frac{4x}{25}\] Loss percentage \[=\frac{4x}{25}\times \frac{100}{x}%=16%\]


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