SSC CGL 5 Aug 2017 Shift 1 Paper

Question : 57 of 100

Marks: +1, -0

For an article the profit is 170% of the cost price. If the cost price increases by 20% but the selling price remains same, then what is the new profit percentage?

Validate

Solution:

Let the cost price of the article = ₹100
The selling price of the article

=100× 270/100=\₹270

New cost price of the article

=100× 120/100=\₹120

Hence, new profit percentage

={270-120}/120× 100=150/120× 100

=125%

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