Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Manoj sold an article on marked price for Rs.13,000. Had he offered a discount of 10% on the marked price he would have earned a profit of 30%. What is the cost price?

Options:

Rs.10,000

Rs.9,900

Rs.9,000

Rs.11,000

Correct Answer:

Rs.9,000

Explanation:

Marked price = Rs.13,000

Discount = 10%

Profit = 30%

According to the question = CP = 13,000 × \(\frac{9}{10}\) × \(\frac{10}{13}\) =  9000