SSC CPO 2024 PYQ — Question 132

The correct answer is option 4 i.e. 713.

Let the cost price of the article be ₹100x.

According to the given question,

SP = CP × ${(100 - L)\over 100}$

SP at 16% loss = $100x \times {(100- 16)\over 100}$ 

⇒ $100x \times {(84)\over 100}$ = 84x

SP = CP  × ${(100 + P)\over 100}$

SP at 15% profit = $100x \times {(100 + 15)\over 100}$

⇒ $100x \times {(115)\over 100}$ = 115x

Difference in the SPs = 192.20

 ⇒ 115x - 84x = 192.20

⇒ 31x = 192.20

⇒ x = 6.20

Now, CP = 100x

⇒ 100 × 6.20 = 620

New SP = 115x

⇒ 115 × 6.20 = 713

Hence the new selling price (in ₹) of the article is 713.