SSC CGL Tier II 25 Oct 2015 Paper 1

Question : 92 of 100

Marks: +1, -0

A manufacturer fixes his selling price at 33% over the cost of production. If cost of production goes up by 12% and manufacturer raises his selling price by 10%, his percentage profit is

$28 3/ 8 %$
$30 5 /8 %$
$36 5/ 9 %$
35%

Validate

Solution:

(2) Cost of production of article = Rs. 100 (let)
∴ S.P. = Rs. 133
New cost of production = Rs. 112

∴

S.P.

= {133 × 110}/{100}

=

Rs. 146.30

∴

Profit percent

= ( {146.3-112}/{112} ) × 100

= {34.3 × 100}/{112}= {3430}/{112}

245/8=30 5/8%

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