SSC Selection Post 2020 PYQ — Question 71

SSC Selection Post - Matriculation Level - 9 Nov 2020 - Shift 3 • Quantitative Aptitude • Q71

When calculated over the selling price, the profit percentage on selling an article is 25%. What is the actual profit percentage?

Show answer & explanation

Correct answer: C

Explanation

The correct answer is option 3 i.e. 33131\over3%.

 

Profit = 25% ×100 = ₹25

SP = CP + Profit ⇒100=CP+25⇒CP=75 \Rightarrow 100 = CP + 25 \Rightarrow CP = 75

Profit % = Profit / CP ×100=2575×100=33.3%\times 100 = \frac{25}{75} \times 100 = 33.{3}\% = 33131\over3%