Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The difference between the cost price and selling price of a pair of shoes is Rs. 1,200. If the profit is 15%, the selling price is:

Options:

Rs.8,200

Rs.9,200

Rs.8,000

Rs.9,000

Correct Answer:

Rs.9,200

Explanation:

Profit = 15% =  \(\frac{3}{20}\)

\(\frac{SP}{CP}\) = \(\frac{23}{20}\)

Difference = 23 - 20 = 3

3x = 1200

SP = Rs.9,200