Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of an item was Rs.480 but the shopkeeper offered a discount of 5%. At what price does he finally sell the item?

Options:

Rs.435

Rs.450

Rs.466

Rs.456

Correct Answer:

Rs.456

Explanation:

Marked price of the article = 480

Discount = 5%

Selling price = 480 × \(\frac{100- 5}{100}\)  =  456