Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Rohan bought a mobile phone with a 25% discount on the labeled price. Had he bought it with a 30% discount, he would have earned Rs. 500. At what price did he buy it? 

Options:

8000

9500

7500

8500

Correct Answer:

7500

Explanation:

30% - 25% = 5%   

(difference in discount)                                                    

5% = 500 (given)                    

Then, 1% = 100

⇒75% = 7500