SSC GD 2023 PYQ — Question 47

The correct answer is option 3 i.e. Gain of 56.25%

If we have brought 15 pencils for Rs. 12, then the cost of one pencil for us is Rs. 0.80.

Thus we are selling 12 pencils for Rs. 15. Then, for us, the cost of 12 penicils would be:-

= (0.8)(12)

= Rs 9.6

Thus, Cost Price = Rs. 9.6

And, Selling Price = Rs 15

Thus Profit Percentage = ${Selling Price - Cost Price}\over{Cost Price}$ × 100

= (15 - 9.6)/(9.6) × 100

= 56.25%