SSC CGL – Combined Graduate Level Examination · Question 52
The profit made on an article sold for ₹2400 is equal to the loss incurred when it is sold for ₹2000. What will be the profit or loss percentage if the article is sold for ₹2200?
Show answer & explanation
Answer: (D) No loss, No profit
Explanation
CP = (2400 + 2000)/2 = 2200, so selling at ₹2200 gives no profit, no loss.