SSC CGL 2022 PYQ — Question 51

The correct answer is option 1 i.e. Rs.2,62,432

Given:

S.P. = Rs.2,78,000

P = 25%

Concept Used:

$S.P. = C.P. \times {(100 + P)\over 100}$

Explanation:

According to the given question, Rs.2,78,000 = $C.P. \times {(100 + 25) \over 100}$

⇒ C.P. = Rs. 222400

Now, new profit = 18%

S.P. = $222400 \times {(100 +18) \over 100}$

⇒ S.P. = 262432

Hence the new selling price will be Rs. 262432.