A toy is bought ₹75 and sold at a gain

CUET Preparation Today

Start Free Mocks

Home Questions 584RKZVGE8

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A toy is bought ₹75 and sold at a gain of 16%. Find its selling price (in ₹).

Options:

Correct Answer:

Explanation:

16% = \(\frac{16}{100}\)

= \(\frac{4}{25}\)

25R = 75

1R = 3

Gain = 4R = 4 × 3 = 12

Now, Selling price = ( 25 + 4 )R = 29R

= 29 × 3

= 87

The correct answer is option (2) : 87