A man buys a toy for 400 and sells it at a loss of 15 What is the selling price of the toy ........

Quantitative Aptitude (MTS) Profit and loss

A man buys a toy for ?400 and sells it at a loss of 15%. What is the selling price of the toy?

This questions was previously asked in

SSC MTS 26th July 2022 Shift-1

Rs350

Rs340

Rs370

Rs360

- The man bought the toy for ?400.

- He sold it at a loss of 15%.

- To find the selling price: calculate 15% of ?400, which is \(0.15 \times 400 = 60\).

- Subtract the loss from the original price: \(400 - 60 = 340\).

Options:

- Option 1: Rs350 - This is close, but slightly more than 15% loss.

- Option 2: Rs340 - This is the correct calculation of a 15% loss.

- Option 3: Rs370 - This would be a smaller loss, only 7.5%.

- Option 4: Rs360 - This is less than a 10% loss.

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