SSC CGL Model Paper 2

Question : 57 of 100

Marks: +1, -0

If awholesaler, sells aboxofchocolates at ₹960 he gains 20%. Now if he decides to sell it at ₹1120, what is his profit percentage?

Solution:

Selling price of chocolates box = ₹960
Gain percentage = 20%
Cost price =

960×100/120=\₹800

New selling price = ₹1120
∴ Required profit percentage

={1120 -800}/ 800×100

=320/800×100=40%

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