Question : The profit earned by a shopkeeper by selling a bucket at a gain of 8% is Rs. 28 more than when he sells it at a loss of 8%. The cost price (in Rupees) of the bucket is:
Option 1: 170
Option 2: 190
Option 3: 175
Option 4: 165
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: 175
Solution : Let the cost price of the bucket be Rs. $x$. Given that the profit earned by selling a bucket at a gain of 8% is Rs. 28 more than when he sells it at a loss of 8%. $⇒1.08x = 0.92x + 28$ $⇒x = \frac{28}{0.16} = 175$ Hence, the correct answer is 175.
Candidates can download this ebook to know all about SSC CGL.
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Question : A dishonest merchant sells goods at a 12.5% loss on the cost price but uses 28 g weight instead of 36 g. What is his percentage profit or loss?
Option 1: 6.25% loss
Option 2: 12.5% gain
Option 3: 18.75% gain
Option 4: 10.5% loss
Question : A manufacturer sells an article to a wholesale dealer at a profit of 10%. The wholesale dealer sells it to a shopkeeper at 20% profit. The shopkeeper sells it to a customer for Rs. 56,100 at a loss of 15%. Then the cost price of the article to the manufacturer is:
Option 1: Rs. 25,000
Option 2: Rs. 10,000
Option 3: Rs. 50,000
Option 4: Rs. 55,000
Question : A dealer marks his goods at 40% above the cost price. He sells 60% of the goods at the marked price by giving a 10% discount and the rest by giving a 50% discount on the marked price. What is his overall profit or loss percentage?
Option 1: Loss 2.8%
Option 2: Profit 2.8%
Option 3: Profit 3.6%
Option 4: Loss 3.6%
Question : In a medical transaction, 17 times the cost price is equal to 8 times the sum of the cost price and the selling price. What is the gain or loss percentage?
Option 1: Loss 15%
Option 2: Gain 17.5%
Option 3: Gain 12.5%
Option 4: Loss 30%
Question : A dishonest dealer sells a product at an 11% loss on cost price but uses 22% less weight. What is his percentage profit or loss?
Option 1: 14.1% loss
Option 2: 14.1% gain
Option 3: 11.4% gain
Option 4: 11.4 % loss
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile