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SSC CHSL 2025 · PYQ · Profit and Loss · medium

A person sells ₹12 pens for ₹480 and suffers a loss equal to the selling price of 3 pens. What is the cost price of one pen?

Answer

The correct answer is B: ₹50. SP of 12 pens = ₹480, SP per pen = ₹40. Loss = SP of 3 pens = 3 × 40 = ₹120.

  1. A.₹55
  2. B.₹50✓ Correct
  3. C.₹30
  4. D.₹60

Explanation

SP of 12 pens = ₹480, SP per pen = ₹40. Loss = SP of 3 pens = 3 × 40 = ₹120. CP of 12 pens = 480 + 120 = ₹600. CP per pen = 600/12 = ₹50.
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