Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of an article is ₹2720. If a shopkeeper sold the article at 15% loss after giving 25% discount, then the cost price (in ₹) of the article is:

Options:

2000

2400

1800

1200

Correct Answer:

2400

Explanation:

Marked price of an article is ₹2720

If the MP = 100

            CP                    SP

   (100 - D%)           (100 - L%)

   (100 - 25%)           (100 - 15%)

      (75)                      (85)

If, 85x = 2720 (Given)

x = 32

Then, 75x = 2400