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SSC Sample Paper Mock Test-5 SSC CGL Tear-II Paper-1

  • question_answer
    A shopkeeper purchased 150 identical pieces of radio at the rate of Rs. 250 each. He spent an amount of Rs. 2500 on transport and packing. He fixed the label price of each radio at Rs. 320. However, he decided to give a discount of 5% on the labelled price. What is the per cent profit earned by him?

    A)  16%                

    B)  15%

    C)  14%

    D)  20%  

    Correct Answer: C

    Solution :

    Cost price of each radio \[=250+\frac{2500}{150}=\frac{800}{3}\] Labelled price = Rs. 320 SP =\[320-5%\]of 320 = 304 Profit per cent \[=\frac{304-\left[ \frac{800}{3} \right]}{\frac{800}{3}}\times 100\] \[=\frac{112}{3}\times \frac{3}{800}\times 100=14%\]               


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