Question : A man gains 15% by selling a calculator for a certain price. If he sells it at triple the price, then what will be the profit percentage?
Option 1: 125
Option 2: 175
Option 3: 225
Option 4: 245
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Correct Answer: 245
Solution : Profit = 15% of cost price Selling price = Cost price + Profit = cost price + 15% of cost price = 115% of cost price When selling price = 3 × original selling price, So, new selling price = 3 × (115% of cost price) = 345% of cost price Now, new profit = new selling price – cost price = 345% of cost price – cost price = 245% of cost price Hence, the correct answer is 245.
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Question : A man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be:
Option 1: 40%
Option 2: 100%
Option 3: 120%
Option 4: 140%
Question : A store sells a watch for a profit of 25% of its cost price. Then, the percentage of profit against the selling price is:
Option 1: 22%
Option 2: 20%
Option 3: 18%
Option 4: 15%
Question : A dealer gains 20% by selling an article at 25% discount on its marked price. If the cost price of the article is decreased by 15%, how much discount percentage should he now give on the same marked price so as to earn the same percentage of profit as before?
Option 1: 32.50%
Option 2: 35%
Option 3: 36.25%
Option 4: 37.75%
Question : A trader gains 25% by selling an article with a 20% discount on its marked price. If the cost price of the article increases by 30%, then how much discount (in %) should he offer on the same marked price to gain 15% of profit?
Option 1: 4.32%
Option 2: 5.08%
Option 3: 5.12%
Option 4: 4.87%
Question : A person sells an article for a loss of 18%. If he increases the selling price by INR 144 and decreases the cost price by 30%, then there is a profit of 20%. What is the original selling price?
Option 1: INR 5,068
Option 2: INR 6,036
Option 3: INR 5,904
Option 4: INR 6,124
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