Question no 3450 SSC CGL Tier 1 Quantitative Aptitude Questions and Answers Online Test 74

SSC CGL Tier 1 :: QA Test 74

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1 .

The cost price of an article A is Rs.160 and selling price of another article B is Rs.288. If the selling price of A will be equal to the cost price of B, then the profit after selling an article A is 20%. What is the profit percentage on article B?

[ A ] 16.66%
[ B ] 50%
[ C ] 25%
[ D ] 22.5%

Answer : Option B

Explanation :

Cost price of an article A = Rs.160

Selling price of A = 160 $\times$ $120 \over 100$ = Rs. 192

According to the question,

Cost price of B = Rs.192

Selling price of B = Rs.288

Profit = 288 - 192 = Rs.96

Required Profit percentage = $96\over192$ $\times$ 100 = 50 %

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