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SSC Sample Paper SSC CGL - Sample Paper-17

  • question_answer
    A merchant finds his profit as 20% of the selling price. His actual profit is

    A) 20%                             

    B) 22%     

    C) 25%     

    D) 30%

    Correct Answer: C

    Solution :

    Let the CP of the article be Rs. x and SP be Rs. y. According to the question,             \[y-x=\frac{20y}{100}\] \[\Rightarrow \]   \[y-\frac{y}{5}=x\] \[\Rightarrow \]   \[4y=5x\]                                  ? (i) Actual profit per cent \[=\frac{y-x}{x}\times 100\]             \[=\frac{4y-4x}{4x}\times 100=\frac{5x-4x}{4x}\times 100\]             \[=25%\]                      


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