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SSC Selection Post 2022 PYQ — Question 66

SSC Selection Post - Matriculation Level - 1 Aug 2022 - Shift 1 • Quantitative Aptitude • Q66

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A notebook was sold for ₹23 with a profit of 15%. If it were sold for ₹21.25, then what would have been the percentage of profit?

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Correct answer: D

Explanation

The correct answer is option 4 i.e. 6.25%.

SP = ₹23, Profit% = 15

CP = 100115100\over115 × 23 = ₹20

New profit:

New SP = ₹21.25

Profit = 21.25 − 20 = ₹1.25

Profit% = 1.25201.25\over20 × 100 = 6.25%