Question : Two items A and B are sold at a profit of 10% and 15%, respectively. If the amount of profit received is the same, then the cost price of A and B may be:
Option 1: Rs. 1,000 and Rs. 1,500
Option 2: Rs. 5,000 and Rs. 2,000
Option 3: Rs. 3,000 and Rs. 2,000
Option 4: Rs. 3,000 and Rs. 5,000
New: SSC CGL 2025 Tier-1 Result
Latest: SSC CGL complete guide
Suggested: Month-wise Current Affairs | Upcoming Government Exams
Correct Answer: Rs. 3,000 and Rs. 2,000
Solution : Let the cost price of item A as P and the cost price of item B as Q. Given that items A and B are sold at a profit of 10% and 15%, respectively, and the amount of profit received is the same. ⇒ 0.10P = 0.15Q ⇒ P = 1.5Q At the options, the pair that fits this condition is Rs. 3,000 and Rs. 2,000. Hence, the correct answer is Rs. 3,000 and Rs. 2,000.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : A shopkeeper increases the price of an object by 40% and then sells it at a 25% discount on the marked price. If the selling price of such an object is Rs. 2100, its cost price for the shopkeeper is:
Option 1: Rs. 3,000
Option 2: Rs. 1,500
Option 3: Rs. 1,750
Option 4: Rs. 2,000
Question : A television and a refrigerator were sold for Rs. 12,000 each. If the television was sold at a loss of 20% of the cost and the refrigerator at a gain of 20% of the cost, the entire transaction resulted in:
Option 1: no loss or gain
Option 2: loss of Rs. 1000
Option 3: gain of Rs. 1,000
Option 4: loss of Rs. 2,000
Question : The profit obtained by selling an article for Rs. 625 is the same as the loss incurred if it is sold for Rs. 545. The price at which it is to be sold to realize a profit of Rs. 65 on the cost price is:
Option 1: Rs. 640
Option 2: Rs. 630
Option 3: Rs. 650
Option 4: Rs. 660
Question : A watch is sold at a profit of 25%. Had it been sold for Rs.120 less then, there would have been a loss of 15%. What is the cost price in rupees?
Option 1: Rs. 400
Option 2: Rs. 350
Option 3: Rs. 200
Option 4: Rs. 300
Question : The percentage profit earned by selling an article for Rs. 2,000 is the same as the percentage loss incurred by selling the same article for Rs. 1,200. At what price should that article be sold to make a profit of 20%?
Option 1: 2,000
Option 2: 1,800
Option 3: 1,920
Option 4: 1,840
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile