Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A man buys 400 oranges for ₹2,000. How many oranges can be sold for ₹260 so that he gets a profit of 30%?

Options:

35

30

45

40

Correct Answer:

40

Explanation:

Cost price = Rs 2000

Profit = 30% 

SP = 2000 + \(\frac{30}{100}\) × 2000 = 2600 rupees 

So,

He will sell all 400 Oranges for Rs 2600

So,

The number of Oranges he must sell for Rs 260 = \(\frac{400}{10}\) = 40