Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Raju sells an object at 20% below its cost price. If he sold it for 450 more, he would have made a profit of 25%. What is the original selling price of the object?

Options:

₹700

₹500

₹900

₹800

Correct Answer:

₹800

Explanation:

Direct concept =

Loss% given + Profit% given = More amount he will sold at 

20% + 25%= 450

45% of CP = 450 Given

100% of CP = 1000

Original selling price = 1000 × \(\frac{4}{5}\) = 800