SSC GD 2024 PYQ — Question 57

SSC GD Const (English) - 27 Feb 2024 - Shift 3 • Quantitative Aptitude • Q57

If selling price and cost price of a shirt is Rs. 1050 and Rs. 900 respectively, then what is the profit percentage?

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. 16.66 %.

Given that, CP of shirt = Rs. 900

SP of shirt = Rs. 1050

Profit, P = SP - CP

Profit percentage = PCP×100{P \over CP} \times 100

According to the given question,

Profit, P = 1050 - 900

⇒ 150

Profit percentage = 150900×100{150 \over 900} \times 100

⇒ 16.66%

Hence the profit percentage is 16.66%.