Profit and loss

Quantitative Aptitude (MTS)

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There is a profit of 10% when an item is sold at 5/6 of its actual selling price. What will be the profit percentage on the cost price when the item is sold at its actual selling price?

This questions was previously asked in

SSC MTS 12th July 2022 Shift-3

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28%

32%

26%

30%

Explanation:

Correct option 2: 32%

Let the cost price of that article be Rs. 100x
Selling price when sold at of original selling price = 100x + 100x x 10%
⇒ 110x
Original selling price = 110x x = 132x
Required profit % = [(132x-100x)/100x] x 100
⇒ 32%

By: santosh

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