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SSC MTS 2023 PYQ — Question 10

SSC MTS - 02 May 2023 - Shift 2 • Quantitative Aptitude • Q10

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The profit percent earned by selling a centre table for Rs.13440 is equal to the loss percent made by selling the same centre table for Rs.10560. At what price should the article be sold to make 20% profit?

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Correct answer: C

Explanation

The correct answer is option 3 i.e. Rs. 14400.

Profit or loss percentage = profit or lossC.P\frac{profit\ or\ loss}{C.P} × 100 

Let the C.P be x

Hence, 13440−xx\frac{13440 - x}{x} × 100 = x−10560x\frac{x - 10560}{x} × 100 

Solving for x we get

x = 12000

Hence to make a profit of 20% the article should be sold at

1.2 × 12000 = 14400