SarkariPYQ

SSC MTS 2024 PYQ — Question 17

SSC MTS - 16/10/2024 - (9:00 AM - 11:00 AM) • Quantitative Aptitude • Q17

Back to paper

By selling an article for ₹19, a dealer makes a profit of 25%. By how much should he increase his selling price (in ₹) so as to make a profit of 50%?

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. 3.8.

According to the given question,

CP = 19 × 100125\frac{100}{125} 

⇒ CP = 15.2

Now, for profit = 50%,

SP = 15.2 × 150100\frac{150}{100}

⇒ SP = 22.8

Now, change in SP = 22.8 - 19 = 3.8