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SSC Sample Paper SSC CGL - Sample Paper-5

  • question_answer
    By selling an item for Rs. 84, a shopkeeper loss 20%, how much will he gain by selling it for Rs. 126?

    A)  10%                            

    B)  15%

    C)  20%                

    D)  25%

    Correct Answer: C

    Solution :

    Let the cost price of item \[=Rs.\,x\] \[\therefore \]      \[80%\text{ of}\,x=84\] Or            \[\frac{x\times 80}{100}=84\] Or         \[x=\frac{100\times 84}{80}=Rs.105\] \[\therefore \] Profit on selling item for Rs. 126             \[=126-105=Rs.21\] Profit Per cent \[=\frac{21\times 100}{105}=20%\]          


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