A person sells an article at 16% below i

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A person sells an article at 16% below its cost price. Had he sold it for Rs. 33 more, he would have gained 14%. CP of the article is?

Options:

100

110

130

105

Correct Answer:

110

Explanation:

(given) 30 → 33

1 → \(\frac{33}{30}\) = 1.1

100 (CP) = 110