Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A person bought an article and sold it at a loss of 15%. If he would have sold it for ₹50 more, he could have gained 10%. What was the original cost price of the article?

Options:

₹260

₹280

₹160

₹200

Correct Answer:

₹200

Explanation:

Direct concept = Loss% + Profit% = Given more amount in rupees

                           15%  +     10%   = 50

                            25% of CP = 50

                            100% of CP = 200