SSC CHSL 15 Nov 2015 Shift 2 Paper

Question : 134 of 200

Marks: +1, -0

A man purchased an article for ₹1500 and sold it at 25% above the cost price. If he has to pay ₹75 as tax on it, his net profit percentage will be:

Solution:

Cost price = Rs. 1500
Markup % = 25%
⇒ Selling price =

1500 + (25/ 100 × 1500)

1500 + 375 = Rs. 1875

Total cost price (including tax) =

1500 + 75 = Rs. 1575

∴Profit % =

(1875−1575)/1575×100

300/15.75 ≈ 20%

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