Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper allows 28% discount on the marked price of an article and still makes a profit 30%. If he gains ₹30.90 on the sale of one article, then what is the marked price ( to the nearest ₹) of the article ?

Options:

103

134

194

186

Correct Answer:

186

Explanation:

Let MP = 100

ATQ , CP = 100 × \(\frac{72}{100}\) × \(\frac{100}{130}\) = 55.4

SP = 100 × \(\frac{72}{100}\) = 72

Profit = 72 - 55.4 = 16.6

16.6 = 30.9 (Given)

100 = 186