Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of a ceiling fan is ₹3,250 and the shopkeeper allows a discount of 8% on it. What is the selling price of the fan?

Options:

₹3,070

₹2,590

₹3,270

₹2,990

Correct Answer:

₹2,990

Explanation:

The marked price of the ceiling fan = 3,250 

Discount = 8%

Selling price of the Ceiling fan = 92% of MP

SP = 92 × \(\frac{3,250}{100}\) = ₹2,990