The cost price of an article is Rs 1 200 On buying four such articles the customer gets one for free...........

Quantitative Aptitude (CPO) Profit and loss

The cost price of an article is Rs. 1,200. On buying four such articles, the customer gets one for free. If the selling price of each article is Rs. 1,800, then determine the net percentage profit earned by the shop keeper on selling four articles.

This questions was previously asked in

SSC CPO 10th Nov 2022 Shift 3

View All SSCCPO Previous Year Papers

12%

20%

18%

15%

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Explanation:

correct option:2

Here, we have C.P. of 1 article = Rs. 1200 and S.P. of 1 article = Rs. 1800
Also, on buying 4 articles 1 article is free for the customer
So, C.P. of 5 articles = 1200 x 5 = Rs. 6,000
And, S.P. of 4 articles = 1800 x 4 = Rs. 7200
Profit = S.P. - C.P.
⇒ 7200-6000 = Rs. 1200
Profit C.P.
⇒ Profit% =1200/6000 *100 = 20%
Hence, the required profit percentage is 20%.