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SSC CGL Tier 2 Exam 25 Oct 2015 Paper 1
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© examsnet.com
Question : 92
Total: 100
A manufacturer fixes his selling price at 33% over the cost of production. If cost of production goes up by 12% and manufacturer raises his selling price by 10%, his percentage profit is
28
3
8
%
30
5
8
%
36
5
9
%
35%
Validate
Solution:
(2) Cost of production of article = Rs. 100 (let)
∴ S.P. = Rs. 133
New cost of production = Rs. 112
∴
S.P.
=
133
×
110
100
=
Rs. 146.30
∴
Profit percent
=
(
146.3
−
112
112
)
×
100
=
34.3
×
100
112
=
3430
112
245
8
=
30
5
8
%
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