SSC GD 2021 PYQ — Question 54

SSC GD Constable (English) - 23rd November 2021 Shift 1 • Quantitative Aptitude • Q54

By selling an article at 1825\frac{18}{25} ​of its actual selling price, a loss of 19% is incurred. What is the profit percentage on selling it at its actual selling price?

Show answer & explanation

Correct answer: B

Explanation

The correct answer is option 2 i.e.12.5% 

Let the Cost price (CP) = Rs. 100

Article sold at 19% loss i.e. SP = Rs. 81

OriginalSPReducedSP\dfrac{Original SP}{Reduced SP} = 1/1825\dfrac{18}{25}= 2518\dfrac{25}{18}

Reduced SP of 1 unit = Rs. 81

Reduced SP of 2518\dfrac{25}{18} units = 2518\dfrac{25}{18} × 81 = Rs. 2252\dfrac{225}{2}= 112.5

Profit = SP - CP 

= 112.5 - 100

= 12.5

Profit% = ProfitCP×100\dfrac{Profit}{CP} × 100

= 12.5100×100\dfrac{12.5}{100} × 100

= 12.5