Sarkari RiseLogin
SSC CHSL 2020 · PYQ · Profit and Loss · medium

On selling a bike for ₹2500 a seller incurs a loss of 20%. What price would have caused him to lose 30%?

  1. A.₹2185.5
  2. B.₹2187.5✓ Correct
  3. C.₹2186.5
  4. D.₹2188.5

Explanation

Cost price = 2500/0.8 = ₹3125. To incur a 30% loss: selling price = 3125×0.7 = ₹2187.5.
💡 Practice unlimited SSC CHSL PYQs + AI-tracked progress on each topic. Sign up free →

More Profit and Loss questions

Want more SSC CHSL practice?

Free daily 10-Q quiz · adaptive mocks · 4,000+ verified PYQs · AI doubt solver in Hindi + English

Sign up freeMore Profit and Loss practice