A sold his pen at a profit of ₹13. He

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A sold his pen at a profit of ₹13. He calculated the profit percentage on selling price and found it to be 20%. The cost price (in ₹) of the pen is:

Options:

Correct Answer:

Explanation:

Profit in rupees = 13

Profit at selling price = 20%

then CP : SP = 4x : 5x

x = 13

then, 4x = 52