SSC CGL Tier II 1 Dec 2016 Paper 1

Question : 35 of 100

Marks: +1, -0

4% of the selling price of an article is equal to 5% of its cost price. Again 20% of the selling price is Rs.120 more than 22% of its cost price. The ratio of cost price and selling price is

2 : 3
3 : 2
4 : 5
5 : 4

Validate

Solution:

(3) C.P. of article = Rs. x (let)
Its S.P. = Rs. y

∴ x×{5}/{100}= {y × 4}/{100}

⇒{x}/{y}= {4}/{5}

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