SSC CGL 2022 PYQ — Question 56

SSC CGL - 05 Dec 2022 - Shift 4 • Quantitative Aptitude • Q56

Apples were purchased at 100 for Rs.350 and sold at Rs.48 a dozen. What is the profit or loss percentage?

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. Profit 1427\frac{2}{7}%

We have given,

CP of the 100 apple = 350

SP of 12 apple = 48 

Quantity  :  Rs

6 × (100 : 350)

50 × (12 : 48)

=

CP = 600 : 2100

SP = 600 : 2400

Profit percentage = (2400 - 2100)/2100 × 100 = 300/21 =  1427\frac{2}{7}%