SSC Selection Post 2022 PYQ — Question 73

SSC Selection Post - Matriculation Level - 10 Feb 2022 - Shift 1 • Quantitative Aptitude • Q73

A shopkeeper sold two articles. He sold one article at ₹29,337 and got a 27% profit. He sold the other article at ₹14,206.50 and got a 23% loss. What is his overall gain or loss per cent (correct to the nearest integer)?

Show answer & explanation

Correct answer: D

Explanation

The correct answer is Option 4 i.e.5% gain.

CP1 = 293371.2729337\over1.27 = 23100

CP2 = 14206.500.7714206.50\over0.77 = 18450

Total CP = 23100 + 18450 = 41550

Total SP = 29337 + 14206.5 = 43543.5

\text{Overall %} = \frac{\text{Total SP} - \text{Total CP}}{\text{Total CP}} \times 100

⇒ 43543.5−4155041550×100\frac{\text{43543.5} - \text{41550}}{\text{41550}} \times 100

⇒ 1993.541550×100\frac{\text{1993.5}}{\text{41550}} \times 100 = 4.79 = 5% gain