Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Suresh purchased a computer table for ₹9,000 and a centre table for ₹4,000. He sold the computer table with 8% profit. With what profit percentage should he sell the centre table so as to gain 10% on the whole transaction?

Options:

15

12

14

14.5

Correct Answer:

14.5

Explanation:

                            CP                  SP

Computer Table     9,000           9720                

Center table         4,000             x

               ———————————————————

                         13000             14300  (10% Profit)

SP of center table = 14300 - 9720 = 4580

Profit% = ( 4580 - 4000 ) × \(\frac{100}{4000}\) = 14.5%