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SSC Sample Paper SSC (Group-C) Sample Test Paper-1

  • question_answer
    A merchant marks an article 20% above cost price. He then sells it at a discount of 20%. The sale gives him:

    A)  No loss or gain

    B)  4% loss  

    C)  2% gain     

    D)  4% gain

    Correct Answer: B

    Solution :

     Let the C.P. of article be Rs. 100 According to the question, Marked price of article = Rs. 120 S.P. of article\[=Rs.\,\,\left( \frac{120\times 80}{100} \right)=Rs.\,96\] \[\therefore \] Loss = Rs. 4 i.e. 4%


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