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<html><body><h2 id="content-id-0517624389-2"><b>Profit And Loss Questions Overview</b></h2><p>Profit And Loss Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Profit And Loss Questions.</p><h2 id="content-id-2640137985-3"><b>Question On Profit And Loss </b></h2>The marked price of an article is â&#130;¹492. The shopkeeper offers a discount of 39% on the purchase of the article. Thereby, he makes a profit of 22%. The cost price of the article is:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 37 Seconds </h3></div></div><h2 id="content-id-6073529481-4"><b> Profit And Loss Questions Options</b></h2><ol><li><p>â&#130;¹246</p>
</li><li><p>â&#130;¹247</p>
</li><li><p>â&#130;¹259</p>
</li><li><p>â&#130;¹220</p>
</li></ol> <h2 id="content-id-7291460385-5"><b> Profit And Loss Questions Solution</b></h2><p>The correct answer is <strong>Option 1</strong> i.e. <strong>â&#130;¹246</strong>.</p>

<p>Marked price = 492</p>

<p>Discount = 39%</p>

<p>⇒ Selling price = 492 × (1 − 0.39) = 492 × 0.61 = 300.12</p>

<p>Now, profit = 22%</p>

<p>⇒ Cost price = SP/1.22 = 300.12/1.22 = 246</p>
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