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SSC Selection Post 2019 PYQ — Question 52

SSC Selection Post - Graduation Level 2019 - 15 Oct 2019 • Quantitative Aptitude • Q52

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The selling price of an article is 56\frac{5}{6} times the cost price, what is the loss percentage (correct up to two decimal places)?

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Correct answer: A

Explanation

The correct answer is Option 1 i.e. 16.67%.

Let CP = 6 units

Then SP = 5/6 × 6 = 5 units

Loss = 6 - 5 = 1 unit

Loss percentage = (1/6) × 100 = 16.67%