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SSC Sample Paper SSC-CGL TIER - I Sample Test Paper-8

  • question_answer
    A person sold an article for Rs 3,600 and got a profit of 20%. Had he sold the article for Rs 3,150, how much profit would he get?

    A) 4%                               

    B) 5%

    C) 6%                               

    D) 10%

    Correct Answer: B

    Solution :

    Let the cost price of the article be Rs x. Now, \[x+\frac{20x}{100}=3600\] \[\Rightarrow \,\,\,\,\,\,\frac{120x}{100}=3600\therefore x=3000\] Now, profit percentage when the article is sold for \[Rs\,\,3150=\frac{3150-3000}{3000}\times 100\] =         \[\frac{150}{3000}\times 100=\mathbf{5}%\]


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