Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A 25% profit is made when a discount of 25% is given on the marked price of an item. When the discount is 35%, what will be the profit? (Give your answer correct to the nearest whole number.)

Options:

13%

8%

9%

11%

Correct Answer:

8%

Explanation:

A 25% profit is made when a discount of 25% is given on the marked price means,

Let the marked price = 100

ATQ, the CP is = 100 × \(\frac{3}{4}\) × \(\frac{4}{5}\) = 60

When the discount is given 35% then SP = 100 - 35 = 65

Profit = (65 - 60) × \(\frac{100}{60}\) = 8%