Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Hari suffered a loss of 8% by selling an article. If he had sold it for ₹300 more, he would have made a profit of 4%. Find his CP (in ₹).

Options:

2400

2250

2575

2500

Correct Answer:

2500

Explanation:

Direct concept = Loss% + Profit% = Given profit in rupees

                           8%  +     4%   = 300

                            12% of CP = 300

                            100% of CP = 2500