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SSC MTS 2023 PYQ — Question 6

SSC MTS - 02 May 2023 - Shift 2 • Quantitative Aptitude • Q6

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A man sold 150 chairs and had a gain equal to selling price of 25 chairs. Find his profit percentage.

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Correct answer: C

Explanation

The correct answer is option 3 i.e. 20%.

Let the selling price of 1 chair be Rs. 1 and the cost price be x

Profit = S.P - C.P

25 × 1 = 150 × 1 - x

x = 125

Hence profit percentage = profitC.P\frac{profit}{C.P} × 100 = 25125\frac{25}{125} × 100 = 20%.