Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A seller earns a profit of 10% after selling an object at 10% discount. What is the ratio of cost price to the printed price of the object ?

Options:

7 : 11

8 : 11

9 : 11

10 : 11

Correct Answer:

9 : 11

Explanation:

When any article is sold at discount after gaining the profit also, then

CP : MRP = (100 - discount) : (100 + Profit)

              = (100 - 10) : (100 + 10)

              = 90 : 110 = 9 : 11