SarkariPYQ

SSC Selection Post 2020 PYQ — Question 74

SSC Selection Post - Graduation Level 2020 - 14 Dec 2020 - Shift 3 • Quantitative Aptitude • Q74

Back to paper

An article was sold at a loss of 15%. If it had been sold for ₹1,035 more, then there would have been a profit of 8%. Find the cost price of the article.

Show answer & explanation

Correct answer: C

Explanation

The correct answer is Option 3 i.e. ₹4,500.

Let cost price = ₹x

According to the question,

⇒ 108x100−85x100=1035{108x\over100}-{85x\over100}={1035}

⇒ 23x100=1035{23x\over100}={1035}

⇒ x = ₹4500