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SSC CGL 2021 PYQ — Question 57

SSC CGL - 24 Aug 2021 - Shift 3 • Quantitative Aptitude • Q57

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In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.
John was an artist (1)______ profession. He was very (2)______ at his work and could
(3)______ any subject he could think of, but circumstances forced him to (4)______ in
(5)______ the work of renowned artists.

A shopkeeper sold an articles for Rs455 at a loss (in Rs). If he sell it for Rs490, then he would gain an amount four times the loss. At what price (in Rs) should he sell the articles to gain 25%?

Show answer & explanation

Correct answer: B

Explanation

The correct answer is option 2 i.e. 577.50

Original selling price = Rs. 455

If he sells it for Rs. 490, then he would gain an amount four times the loss.

Gain = 25%

Gain = Selling price - Cost price

Selling price = Cost price × (1 + gain percentage/100)

let the cost price of the article be x.

According to the question -

4 × (x - 455) = (490 - x)

x = 2310/5 = 462

To make a 25% gain the shopkeeper has to sell the article = 462(1 + 25/100) = (462 × 1.25) = Rs. 577.50