Question
Download Solution PDFSelling price of first article is Rs. 960 and cost price of second article is Rs. 960. If there is a profit of 20% on first article and loss of 20% on second article, then, what will be the total loss?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGIVEN:
SP of first article = Rs. 960
CP of 2nd article = Rs 960
Profit on first article = 20%
Loss on 2nd article = 20%
FORMULA USED:
Profit% = (SP – CP)/CP × 100
Loss% = (CP – SP)/CP × 100
CALCULATION:
After profit of 20%, CP of first article = 960 × (100/120) = Rs. 800
After loss of 20%, SP of 2nd article = 960 × (80/100) = Rs. 768
Total CP of both article = 800 + 960 = Rs. 1760
Total SP of both article = 960 + 768 = Rs. 1728
∴ Total loss = 1760 – 1728 = Rs. 32Last updated on Jul 8, 2025
-> The Staff Selection Commission released the SSC GD 2025 Answer Key on 26th June 2025 on the official website.
-> The SSC GD Notification 2026 will be released in October 2025 and the exam will be scheduled in the month of January and February 2026.
-> Now the total number of vacancy is 53,690. Previously, SSC GD 2025 Notification was released for 39481 Vacancies.
-> The selection process includes CBT, PET/PST, Medical Examination, and Document Verification.
-> The candidates who will be appearing for the 2026 cycle in the exam must attempt the SSC GD Constable Previous Year Papers. Also, attempt SSC GD Constable Mock Tests.