Exams › SSC CGL (Prelims) › Maths

Find the gain percentage, given that Siddhi sold her scooter for ₹31,902, gaining $\frac{1}{5}$ of the selling price.

1. 20%
2. 30%
3. 25%
4. 5%

Correct answer: 25%

Solution

The gain is $\frac{1}{5}$ of the selling price, so gain = 20% of SP. Since SP = CP + gain, the cost price is 80% of SP. Therefore, gain as a percentage of cost price is $\frac{20}{80}\times 100 = 25\%$.

Related SSC CGL (Prelims) Maths questions

• A shopkeeper buys an article for ₹600 and sells it for ₹750. What is his profit percentage?
• If the cost price of 12 pens is equal to the selling price of 10 pens, what is the profit percentage?
• A number whose fifth part increased by 5 is equal to its third part decreased by 7. Find half of the number.
• If (48^ + k) is an acute angle and sin(48^ + k) = cos 13^, what is the value of k (in degrees)?
• If ₹1,875 becomes ₹2,625 in 4 years, what will ₹24,000 become at the end of 9 years at the same rate of interest, under simple interest?
• If $3x + 2y = 10$ and $2xy = 7$, then find the value of $3x - 2y$ if $3x - 2y > 0$.

⚔️ Practice SSC CGL (Prelims) Maths free + battle 1v1 →