Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

If the selling price of a shirt is reduced from 440 to ₹410, the loss increases by 4%. What is the cost price of the shirt?

Options:

₹650

₹750

₹450

₹500

Correct Answer:

₹750

Explanation:

The selling price of a shirt is reduced from 440 to ₹410, the loss increases by 4%

Means,

Direct concept =

Reduction in Selling price = Given loss increased on CP

640 - 610 = 4% of CP

30 = 4% of CP

100% of CP = 750