SSC Sample Paper Mock Test-3 SSC CGL Tear-II Paper-1

  • question_answer
    If I would have purchased 11 articles for Rs.10 and sold all the articles at the rate of 10 for Rs. 11, the profit per cent would have been

    A)  10%                

    B)  11%

    C)  21%    

    D)  100%

    Correct Answer: C

    Solution :

    Cost price of an article = Rs. \[\frac{10}{11}\] Selling price of an article = Rs. \[\frac{11}{10}\] \[\therefore \]Profit \[=\frac{11}{10}-\frac{10}{11}=\frac{121-100}{110}=\]Rs. \[\frac{21}{100}\] \[\therefore \]Profit per cent \[=\frac{\frac{21}{110}\times 100}{\frac{10}{11}}=\frac{2100}{110}\times \frac{11}{10}=21%\]            


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