SSC Selection Post 2023 PYQ — Question 68

SSC Selection Post - Matriculation Level - 28 June 2023 - Shift 4 • Quantitative Aptitude • Q68

A shopkeeper sold an article at 25% profit. On selling it for ₹225 more he would get a profit of 40%. The cost price of the article was:

Show answer & explanation

Correct answer: C

Explanation

The correct answer is Option 3 i.e. ₹1,500

Let cost price be  x

Selling Price at 25% profit = 1.25x

Selling Price at 40% profit = 1.40x 
1.40x - 1.25x = 225 
0.15x = 225 

x = 2250.15\frac{225}{0.15}= 1500 Rs