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SSC Selection Post 2024 PYQ — Question 64

SSC Selection Post - Matriculation Level - 20 June 2024 - Shift 4 • Quantitative Aptitude • Q64

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A salesman purchases goods at ₹1,250 and is forced to sell them at ₹1,000. Find his loss percentage.

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Correct answer: C

Explanation

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

Loss = CP - SP

Loss = 1250 - 1000 = ₹250

Loss% = 2501250250\over1250 × 100 = 20%