Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of a pen is 25% more than its cost price. The pen is sold for ₹220 after a discounr of ₹30. What is the profit percentage?

Options:

10%

15%

20%

17.5%

Correct Answer:

10%

Explanation:

Let the cost price of the article = 100

Then according to the question the marked price = 125 ( 25% more than CP)

Discount = 30

Selling price = 220

Marked price = Selling price + Discount = 220 + 30 = 250

So, 125x = 250

100x = CP = 200

Profit% = ( 220 - 200 ) × \(\frac{100}{200}\) = 10%