Multiple Choice Questions

The price of kerosene increases by 10 every year If the current price of kerosene is Rs50 per litre ...........

Quantitative Aptitude (MTS) Profit and loss

The price of kerosene increases by 10% every year. If the current price of kerosene is Rs50 per litre, then what will be the price

of kerosene per litre after 2 years?

This questions was previously asked in

SSC MTS 11th July 2022 Shift-3

Rs65.6

Rs60.5

Rs52.5

Rs55.6

- The current price of kerosene is Rs50 per litre.

- The price increases by 10% each year.

- To find the price after 2 years, calculate the increase year by year.

- First year: 10% of Rs50 is Rs5, so the price becomes Rs55.

- Second year: 10% of Rs55 is Rs5.5, so the price becomes Rs60.5.

- Correct Answer: Option 2, Rs60.5

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