Anil buys a motorcycle for ₹84,000 and

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Anil buys a motorcycle for ₹84,000 and sells it at a loss of 12%. What is the selling price of the motorcycle?

Options:

₹80,000

₹68,852

₹78,520

₹73,920

Correct Answer:

₹73,920

Explanation:

Cost price of the motorcycle = 84,000

Loss% = 12%

Then the selling price of the article = 84,000 × \(\frac{88}{100}\) = ₹73,920