SSC CHSL 2022 PYQ — Question 53

The correct answer is option 2 i.e. 3%

Given:

S.P.₁ =  ₹28.75

S.P.₂ =  ₹25.75

Profit = 15%

Formula Used:

$S.P. = C.P. \times {(100 + P) \over 100}$

Explanation:

According to the given question,

$28.75 = C.P. \times {(100 + 15) \over 100}$

⇒ C.P. = $2875 \over 115$

⇒ C.P. = ₹ 25

Now, new profit = C.P. - S.P.₂ = 25.75 - 25 = 0.75

So, Profit % = ${0.75 \over 25} \times 100$ = 3 %

Hence the required answer is 3%.