Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Profit after selling an article for ₹7170 is \(11\frac{1 }{9}\) % more than loss incurred when it is sold at ₹5270. What would be the selling price if he wants to earn a profit of 10%.

Options:

₹6802

₹7600

₹6787

₹6605

Correct Answer:

₹6787

Explanation:

ATQ,

      (7170 - P) = \(\frac{10}{9}\) (P - 5270)

                 19P = 117230

                     P = 6170

SP at 10% = 6170 × \(\frac{110}{100}\) = 6787