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SSC MTS 2024 PYQ — Question 3

SSC MTS - 18/10/2024 - (4:00 PM - 5:30 PM) • Quantitative Aptitude • Q3

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Aravind purchased a book for Rs. 450 and sold it for Rs. 500. What is the profit percentage?

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Correct answer: A

Explanation

The correct answer is option 1 i.e  1119\frac{1}{9}%.

Cost Price (CP) = Rs. 450

Selling Price (SP) = Rs. 500

Profit = SP - CP = 500 - 450 = Rs. 50

Profit Percentage = (Profit / CP) × 100 = (50 / 450) × 100 = 1119\frac{1}{9}%