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A toy is bought for Rs. 950 and sold at Rs. 1140. Find the gain percentage.

This question was previously asked in
SSC GD Constable (2022) Official Paper (Held On : 01 Feb 2023 Shift 3)
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  1. 16%
  2. 21%
  3. 20%
  4. 19%

Answer (Detailed Solution Below)

Option 3 : 20%
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Detailed Solution

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Given:

Cost price = ₹950,

Selling price = ₹1140

Concept:

Gain% = [(Selling price - Cost price)/Cost price] × 100%

Calculation:

⇒ Gain = Selling price - Cost price = ₹1140 - ₹950 = ₹190

⇒ Gain% = (Gain / Cost price) × 100%

⇒ (₹190 / ₹950) × 100% = 0.20 = 20%

Therefore, the gain percentage is 20%.

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Latest SSC GD Constable Updates

Last updated on Jul 8, 2025

-> The Staff Selection Commission released the SSC GD 2025 Answer Key on 26th June 2025 on the official website.

-> The SSC GD Notification 2026 will be released in October 2025 and the exam will be scheduled in the month of January and February 2026.

-> Now the total number of vacancy is 53,690. Previously, SSC GD 2025 Notification was released for 39481 Vacancies. 

-> The selection process includes CBT, PET/PST, Medical Examination, and Document Verification.

-> The candidates who will be appearing for the 2026 cycle in the exam must attempt the SSC GD Constable Previous Year Papers. Also, attempt SSC GD Constable Mock Tests.

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