SSC MTS 2024 PYQ — Question 2

SSC MTS - 14/10/2024 - (9:00 AM - 11:00 AM) • Quantitative Aptitude • Q2

If the cost price of an article is 75% of its selling price, then the profit percent is:

Show answer & explanation

Correct answer: D

Explanation

The correct answer is option 4 i.e 331333\frac{1}{3}%.

Let selling price = ₹100

Then cost price = 75% of 100 = ₹75

Profit = 100 – 75 = ₹25

Profit % = (Profit ÷ C.P.) × 100 = (25 ÷ 75) × 100 = 331333\frac{1}{3}%