SSC CGL 26 Oct 2014 Shift 1 Paper

Question : 118 of 200

Marks: +1, -0

By selling an article for 450, a man loses 10%. The gain or loss per cent if he sells it for 540 is

Solution:

C.P. of article
=

{100}/{100-10}

× 450
=

{10}/{90}

× 450 = Rs. 500
New S.P. = Rs. 540
∴ Gain percent
=

{540-50}/{500}

× 100
=

{4000}/{500}

= 8 %

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