SSC Government Jobs Exams Numerical Ability Profit and Loss

60% of the cost price of an article is equal to 50% of its selling price. Then the percentage of profit or loss on the cost price is-

a. 20% loss
b. 16 2/3% profit
c. 20% profit
d. 10% loss

Read Solution (Total 1)

.6*cp=.5*sp == 1.2 cp =sp === (1.2cp-cp)/cp= 20% profit
7 years agoHelpfull: Yes(0) No(0)

SSC Other Question

A fruit-seller buys x guavas for Rs.y and sells y guavas for Rs. x. If x>y, then he made-

a. x2 – y2 / xy % loss
b. x2 – y2 / xy % gain
c. x2 – y2 / y2 % loss
d. x2 – y2 / y2 * 100% gain The batting average for 40 innings of a cricketer is 50 runs. His highest score exceeds his lowest score by 172 runs. If these two innings are excluded, the average of the remaining 38 innings is 48 runs. The highest score of the player is-

a. 165
b. 170
c. 172
d. 174