SSC GD 2024 PYQ — Question 53

The correct answer is option 1 i.e. Rs. 5500.

Selling Price (S.P.) = Cost Price $\times \left( 1 - \frac{\text{Loss Percentage}}{100} \right)$

 Selling Price (S.P.) = Rs. 4400

 Loss Percentage = 20%

⇒ 4400 = cost price $\times \left( 1 - \frac{20}{100} \right)$

⇒ 4400 = cost price ×  0.80

⇒ Cost Price = 4400 / 0.80 = 5500

The cost price of the article is Rs. 5500.