SSC CHSL 12 Oct 2020 Shift 3 Paper

Question : 75 of 100

Marks: +1, -0

Kishore had a loss of

20 \%

on selling an article for

₹ 7160

. At what price should he have sold the item to make a profit of

30 \%

Solution:

Selling price of an article (SP)

=₹ 7160

{\Loss}(\L) \%=20 \%

Cost price (CP) of article

={100}/{(100-\I)} \×{\SP}

={100}/{(100-20)} \×7160

=₹ {100}/{80} \×7160

=₹ 8950

Now, profit

(\P) \%=30 \%

New, selling price (SP)

={(100+\P)}/{100} \×{\CP}

={(100+30)}/{100} \×8950

={130}/{100} \×8950

=₹ 11635

Go to Question:

Prev Question

Next Question