Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The cost price of an article is ₹250. A shopkeeper gains 20% by selling it at a discount of 36% on its marked price. What is the marked price (in ₹) of the article?

Options:

450

380.50

475

468.75

Correct Answer:

468.75

Explanation:

CP and MP = (100 – D)% : (100 + Gain)%

 (100 – 36) : (100 + 20)

64 : 120

Now, According to the question

64% = 250

Then, 120% = (\(\frac{250}{64}\) × 120)

= \(\frac{30000}{64}\)

= 468.75