Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The number of tables that can be purchased by a person in Rs.2800 gets reduced by 20 if the price is increased by 40%. What is the initial price of each table?

Options:

₹40

₹36

₹56

₹48

Correct Answer:

₹40

Explanation:

Let the initial price of each table be x

Increased price = 140% × x = 1.4x

\(\frac{2800}{x}\) - 20 = \(\frac{2800}{1.4x}\)

\(\frac{800}{x}\) = 20

⇒ x = Rs. 40