SSC CGL Tier II 12 Apr 2015 Paper

Question : 90 of 100

Marks: +1, -0

If the ratio of cost price to selling price is 10 : 11, then the rate of per cent of profit is

Solution:

(3) Cost price = Rs. 10x
S.P. = Rs. 11x
∴ Gain percent

= {(11 x-10 x)}/{10 x} × 100

= {100}/{10}=10 \%

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