Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A sells his articles at 15% profit. If he sells the article at ₹ 100 more than before, then he earns 20% profit. Find selling price of the article to gain 25% profit.

Options:

₹2000

₹2500

₹2800

₹3000

Correct Answer:

₹2500

Explanation:

CP × 20% - CP × 15% = 100

                          CP = 2000

                          SP = 2000 × \(\frac{125}{100}\) = 2500