Profit and loss

Quantitative Aptitude (CGL)

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

A T.V. is sold at 8%gain. Hadit been sold for Rs2553 less; there would have beenloss of 15%. To gain 18%, the selling price (in Rs )

of T.V. would be:

This questions was previously asked in

SSC CGL 18th August 2021 Shift-3

13098

15000

9102

11100

- The TV was initially sold at an 8% gain. This means the selling price was 108% of the cost price.

- If sold for Rs. 2553 less, it would result in a 15% loss, meaning the selling price would be 85% of the cost price.

- Let the cost price be Rs. 'x'. Therefore:

- \(1.08x - 0.85x = 2553\)

- Solving this gives \(0.23x = 2553\) and \(x = 11100\).

- To find the selling price for an 18% gain, calculate 118% of the cost price:

- \(1.18 \times 11100 = 13098\).

- The correct answer is Option 1: 13098.