Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A person sells an article at 10% below its cost price. Had he sold it for ₹332 more, he would have made a profit of 20%. What is the original selling price (in ₹) of the article ?

Options:

996

1328

1028

896

Correct Answer:

996

Explanation:

According to the question,

Loss + Profit = Given more amount 

10% + 20% = 332

30% of CP = 332

original selling price = 90% of CP

So, 90% of CP = Selling price = 332 × 3 = 996