Profit and loss

Quantitative Aptitude (MTS)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

The cost price of a saree to a person X was Rs 00. Person X sells the saree to person Y at a profit of 10% and person Y then sells

it to person Z at a loss of 10%. How much does person Z pay for the saree?

This questions was previously asked in

SSC MTS 13th July 2022 Shift-3

Rs100

Rs99

Rs101

Rs90

- Person X buys a saree for an unspecified amount, let's assume it's Rs 100 for calculation.

- X sells the saree to Y at a profit of 10%.

- Selling Price for Y = Cost Price of X + 10% of Cost Price

- Selling Price for Y = Rs 100 + Rs 10 = Rs 110

- Y then sells the saree to Z at a loss of 10%.

- Selling Price for Z = Selling Price for Y - 10% of Selling Price for Y

- Selling Price for Z = Rs 110 - Rs 11 = Rs 99

- Correct Option: Rs 99 (Option 2)