SSC CGL Model Paper 20

Question : 57 of 100

Marks: +1, -0

A shopkeeper by selling 21 items earns a profit equal to the selling price of 1 item. What is his profit percentage ?

Solution:

According to the question,

21 × SP -2 1 × CP = 1 ×SP

⇒

20×SP =21×CP

⇒

\CP/\SP=20/21

⇒ CP =20 and SP =21
∴ Required profit percentage

{21-20}/20×100

=1/20×100=5%

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