Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper buys a note book for ₹85. He wants a profit of 20% after giving a discount of 15%. At what price should he mark the note book?

Options:

₹105

₹110

₹115

₹120

Correct Answer:

₹120

Explanation:

        CP                            MP

  100 - Discount    :      100 + Profit

     100 - 15      :           100 + 20

       85             :              120

       17               :             24

17 = 85

24 = 120