Question 131

If there is a profit of 20% on the cost price of an article, the percentage of profit calculated on its selling price will be:

Solution

let's say cost price is 100
hence with 20% profit selling price will be 120
now profit on selling price will be $$\frac{20}{120}\times100$$ = $$\frac{50}{3}$$

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SSC CGL 2010 Tier 1 Question Paper - Shift 2

If there is a profit of 20% on the cost price of an article, the percentage of profit calculated on its selling price will be:

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