Profit and loss

Quantitative Aptitude (CGL)

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A person sells an article at 10% below its cost price. Had he sold it for Rs332 more, he would have made a profit of 20%. What is

the original selling price (in Rs) of the article?

This questions was previously asked in

SSC CGL 3rd March 2020 Shift-1

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996

1328

1028

896

Explanation:

Let the cost price of article be x.
selling price = 90%x = 0.9x
Now Selling = 0.9x + 332
Profit = 20
Cost price = $_{120}^{0.9x+332}\times 100$
x = $_{120}^{0.9x+332}\times 100$
1.2x = 0.9x + 332
0.3x = 332
x = 332/.3
Selling price = 0.9x = 0.9 332/.3 = Rs.996

By: santosh

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