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SSC Sample Paper SSC CGL - Sample Paper-5

  • question_answer
    A merchant fixes the sale price of his goods at 15% above the cost price. He sells his goods at 12% less than the fixed price. His percentage of profit is

    A)  20%                            

    B)  4%

    C)  \[1\frac{1}{5}%\]         

    D)  \[2\frac{1}{5}%\]

    Correct Answer: C

    Solution :

    Let the cost price be Rs. 100. \[\therefore \] Marked price = Rs. (100+15% of 100)                         \[=Rs.115\] The goods are sold at the discount of 12%. \[\therefore \]      \[SP=(115-12%\,\,of\,\,115)\]                         \[=Rs.(115-13.80)\]                         \[=Rs.101.20\]   Profit \[=Rs.(101.20-100)\] \[=Rs.1.20\] \[\therefore \]      Profit per cent \[=\frac{1.20}{100}\times 100=1.2%\]             \[=1\frac{2}{10}=1\frac{1}{5}%\]        


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