SSC CGL 2022 PYQ — Question 69

The correct answer is Option 4 i.e. 10%.

Given:

SP =  Rs.4,675

Loss = 15%

Concept Used:

$SP = CP \times {(100 - loss\%) \over 100}$   ...(i)

Profit = SP - CP

Explanation:

Using equation (i) and the given values, we get

$4675 = CP \times {(100 - 15) \over 100}$

⇒ $CP = {4675 \times 100 \over 85}$

⇒ CP = 5500

Now, new SP = Rs.6,050

So, Profit = 6050 - 5500 = 550

Hence profit % = ${550 \over 5500} \times 100$ = 10%.