Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

What price (in ₹) should Radha mark on a bag which costs ₹1680 so as to earn a profit of 25% after allowing a discount of 16% on the marked price?

Options:

2800

2000

2100

2500

Correct Answer:

2500

Explanation:

          CP                  MP

    (100 - D%)       (100 + P%)

    (100 - 16%)       (100 + 25%)

      (84)                  (125)

      ⇓×20                  ⇓×20

  1680(Given)          2500