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SSC Selection Post 2024 PYQ — Question 66

SSC Selection Post - Higher Secondary Level - 21 June 2024 - Shift 2 • Quantitative Aptitude • Q66

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The selling price of 84 items is equal to the cost price of 105 items. What is the percentage of profit gained in the transaction?

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Correct answer: B

Explanation

The correct answer is Option 2 i.e. 25%. 

SP of 84 items = CP of 105 items

Let the CP of 105 items = ₹105

SP of 84 items = ₹105

SP of 1 item = 10584105\over84 = ₹1.25

CP of 1 item = 105105105\over105 = ₹1

Profit = ₹1.25 - ₹1 = ₹0.25

Profit% = 0.25/1 × 100 = 25%