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SSC Selection Post 2022 PYQ — Question 61

SSC Selection Post - Graduation Level - 9 Feb 2022 - Shift 3 • Quantitative Aptitude • Q61

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By selling an article at 66232\over3% of the actual selling price, a loss of 25% is incurred. What is the profit percentage on selling the article at its actual selling price?

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Correct answer: D

Explanation

The correct answer is option 4 i.e. 12.5%.

 66232\over3% = 2/3

Sold at 2/3 of actual SP → 25% loss

Let actual SP = 300

Reduced SP = 2/3 × 300 = 200

CP = 200/0.75 = 800/3

Profit = 300 - 800/3 = 100/3

Profit percentage = (100/3)/(800/3) × 100 = 12.5%