SSC CGL Tier II 25 Oct 2015 Paper 1

Question : 32 of 100

Marks: +1, -0

A man sells an article at 5% above its cost price. If he had bought it at 5% less than what he had paid for it and sold it at Rs. 2 less, he would have gained 10%. The cost price of the article is

Rs. 200
Rs. 400
Rs. 300
Rs. 100

Validate

Solution:

(2) C.P. of article = Rs. x (let) S.P. at 5% profit

= {Rs} . ( {105 x}/{100} )= {Rs} . {21 x}/{20}

New C.P. of article

= {95 x}/{100}=Rs.{19x}/20

S.P.

= {Rs} . ( {19 x}/{20}×{110}/{100} )

= {Rs} . ( {209 x}/{200} )

According to the question,

{21 x}/{20}- {209 x}/{200}=2

⇒{210 x-209 x}/{200}=2

⇒{x}/{200}=2

⇒ x= {Rs} .400

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