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SSC Sample Paper Mock Test-14 SSC CGL Tear-II Paper-1

  • question_answer
    A dealer buys an article marked at Rs. 25000 with 20% 2nd 5% off. He spends Rs. 1000 on its repairs and sells it for Rs. 25000. What is his gain or loss per cent?

    A) Loss of 25 %

    B)         Gain of 25%

    C)  Gain of 10 %   

    D)  Loss of 10%

    Correct Answer: B

    Solution :

    CP = (95% of 80% of Rs. 25000)+(1000) = Rs. \[\left\{ \left( \frac{95}{100}\times \frac{80}{100}\times 25000 \right)+1000 \right\}\]= Rs. 2000 \[\therefore \] CP = Rs. 20000 and SP = Rs. 25000 Gain percentage\[=\left( \frac{5000}{20000}\times 1000 \right)%=25%\]


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