Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

In a grocery store, an item with an MRP of ₹1100 is on a discount counter with a special price of ₹979. What is the percentage of discount given for that item ?

Options:

9%

10%

12%

11%

Correct Answer:

11%

Explanation:

Given,

MRP of the item = 1100

Selling price of the item = 979

Discount = 1100 - 979 = 121

Discount% = \(\frac{121}{1100}\) × 100 = 11%