Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

An article costs ₹750. It is marked up to give 30% profit. What is the selling price if a customer gets a discount of 15% on it?

Options:

₹758.75

₹828.75

₹800

Same as the cost price

Correct Answer:

₹828.75

Explanation:

Cost price of the article = 750

Markup = 30%

Discount % = 15%

Selling price = 750 × \(\frac{13}{10}\) × \(\frac{17}{20}\) = ₹828.75