SSC CHSL 4 Aug 2021 Shift 1 Paper

Section: Quantitative Aptitude

Question : 74 of 100

Marks: +1, -0

By selling an article for ₹ 1170 . Elisa suffers as much loss as the would have gained by selling it at a profit of

22 \%

. If she sells it for ₹ 1450 , then her profit/loss percent (correct up to one decimal place) is

Solution:

According to the question,
Cost price of an article

= {SP}[\;{100}/{100-\;\text " loss"\; \%}]=\;{1170 × 100}/{(100-22)}

=\;{1170}/{78} × 100=₹ 1500

Given, selling price

=₹ 1450

Since, selling price

<

cost price.

∴

There is a loss and

\;\text " loss "\; \% \;\; =\;{C P-S P}/{C P} × 100

\;\; =\;{(1500-1450)}/{1500} × 100=3.3 \%

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