SSC MTS 2024 PYQ — Question 12

SSC MTS - 08/10/2024 - (9:00 AM - 11:00 AM) • Quantitative Aptitude • Q12

Reena sells an article at 12% below its cost price. Had she sold it for ₹540 more, she would have gained 15%. At what price should she sell the article to gain 20%?

Show answer & explanation

Correct answer: C

Explanation

The correct answer is Option 3 i.e. ₹2,400.

Let CP = x

According to the question,

⇒ 115x100−88x100=540{{115x\over100}-{88x\over100}}={540}

⇒ 27x100=540{{27x\over100}}={540}

⇒ x = 2000

20% gain

⇒ 1.2x = ₹2400