The selling price of a watch is ₹ 966 and the profit percentage is 15\% . If the selling price is ₹ 798 , then what will be the loss percentage? - Quantitative Aptitude MCQ SSC CGL 2026 | ExamTest.live

mediumMCQSSC CGL2026Quantitative Aptitude

1 attempts0% success rate1 mark

The selling price of a watch is ₹ 966 and the profit percentage is 15% . If the selling price is ₹ 798, then what will be the loss percentage?

Solution & Step-by-step Explanation

Let the Cost Price (CP) be 100% .Given that the Selling Price (SP_{1}) at 15% profit is ₹ 966 : 115% of CP = 966 CP = \frac{966}{115} \times 100 = 840 Now, the new Selling Price (SP_{2}) is ₹ 798 . Since SP_{2} < CP, there is a loss: Loss = CP - SP_{2} = 840 - 798 = 42 Loss Percentage = \frac{Loss}{CP} \times 100% = \frac{42}{840} \times 100% = \frac{1}{20} \times 100% = 5%

Try it yourself before checking the explanation above.

The selling price of a watch is ₹ 966 and the profit percentage is 15% . If the selling price is ₹ 798, then what will be the loss percentage?

6.26

5

7.21

8

Practice with timed mock tests and track your performance across Quantitative Aptitude.