SSC GD 2021 PYQ — Question 72

SSC GD Constable (English) - 23rd November 2021 Shift 1 • Quantitative Aptitude • Q72

Rajesh buys a cycle for ₹ 1400 sells it at a loss of 40%  What is the selling price of the cycle?

Show answer & explanation

Correct answer: C

Explanation

The correct answer is option 3 i.e. ₹ 840

CP of the cycle = Rs. 1400

Loss = 40%

Loss% = CP−SPCP\dfrac{CP - SP}{CP}× 100

40 = 1400−SP1400\dfrac{1400 - SP}{1400}× 100

560 = 1400 - SP

SP = 1400 - 560

SP = 840