SSC GD 2024 PYQ — Question 54

The correct answeris option 4 i.e. 60 percent.

5he selling price of the article = ( S )

The cost price = ( C).

⇒ C = 5 / 8 × S

Profit  = S - C

Profit = S - (5) / (8)S = (3) / (8) S

Profit Percentage = $\left( \frac{\text{Profit}}{C} \right) \times 100$

Profit Percentage = $\left( \frac{\frac{3}{8}S}{\frac{5}{8}S} \right) \times 100$ = $\left( \frac{3}{5} \right) \times 100 = 60\%$