Question : A shopkeeper gains 20% in place of a 16% loss if the selling price of an article is increased by INR 324. The cost price of the article is:
Option 1: INR 900
Option 2: INR 750
Option 3: INR 1,350
Option 4: INR 60
Latest: SSC CGL 2024 final Result Out | SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL Tier 1 Scorecard 2024 Released | SSC CGL complete guide
Suggested: Month-wise Current Affairs | Upcoming Government Exams
Correct Answer: INR 900
Solution : Given: A shopkeeper gains 20% in place of a 16% loss. Difference in profit = 20 + 16 = 36% According to the question, ⇒ 0.36 of Cost price = 324 ⇒ Cost price = $\frac{324}{0.36}$ ⇒ Cost price = $\frac{32400}{36}$ ⇒ Cost price = INR 900 Hence, the correct answer is INR 900.
Candidates can download this ebook to know all about SSC CGL.
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Question : An article is sold at a 25% loss. If its cost price is doubled and the selling price is increased by INR 660, then there is a profit of 20%. What is the original cost price of the article?
Option 1: INR 480
Option 2: INR 500
Option 3: INR 400
Option 4: INR 360
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
Question : A shopkeeper sells an article at $13 \frac{1}{2}\%$ loss. If he sells it for INR 1,274 more, then he gains $11\%$. What is the cost price of the article?
Option 1: INR 4,874
Option 2: INR 4,800
Option 3: INR 5,200
Option 4: INR 5,274
Question : The cost price of an article is INR 2,800. Profit as a percentage of the selling price is 20%. What is the actual profit (in INR)?
Option 1: INR 616
Option 2: INR 504
Option 3: INR 700
Option 4: INR 560
Question : The cost price of an article is decreased by 10% and then increased by 20%. If the final price is INR 540, then the original cost price is:
Option 1: INR 500
Option 2: INR 650
Option 3: INR 550
Option 4: INR 600
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile