A shopkeeper sells an article at 13$\fra

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper sells an article at 13$\frac{1}{2}$ loss. If he sells it for ₹1,274 more, then he gains 11%. What is the cost price of the article?

Options:

Rs.4,874

Rs.4,800

Rs.5,200

Rs.5,274

Correct Answer:

Rs.5,200

Explanation:

Loss = 13$\frac{1}{2}$

Gain would be = 11%

ATQ,

11% + 13$\frac{1}{2}$ = ₹1,274

1% = 52

100% = Rs.5,200