Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

After allowing a discount of 15% on the marked price of an article, it was sold for ₹425. Had the discount not been given, the profit would have been 25%. What was the cost price (in ₹) of the article?

Options:

325

450

500

400

Correct Answer:

400

Explanation:

Selling price of the article = 425

Discount = 15%

Marked price = 425 × \(\frac{100}{85}\) = 500

Profit is = 25%

So cost price = 500 × \(\frac{100}{125}\) = 400