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SSC Sample Paper SSC CGL - Sample Paper-8

  • question_answer
    The marked price of an article is 20% more than its cost price. A discount of 20% is given on the marked price. In this kind of sale, the seller bears

    A)  No gain, no loss

    B)  a loss of 4%

    C)  A gain of 4%                

    D)  a gain of 8%

    Correct Answer: B

    Solution :

    Let the cost price of the article be Rs. 100. \[\therefore \]      Market Price = Rs. 120 After a discount of 20%, Selling price \[=120\times \frac{80}{100}=Rs.96\] Clearly there will be a loss of 4%


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