SSC Selection Post 2024 PYQ — Question 52

SSC Selection Post - Matriculation Level - 24 June 2024 - Shift 1 • Quantitative Aptitude • Q52

A wristwatch is sold for ₹2,700 at a loss of 10%. What is the cost price of the wristwatch?

Show answer & explanation

Correct answer: C

Explanation

The correct answer is option 3 ie. ₹3,000.

Let cost price = CP

Loss = 10%

SP = CP × (1 - 1010010\over100)

⇒ 2700 = CP × (1 - 0.1)

⇒ 2700 = CP × 0.9

⇒ CP = ₹3000