Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A dealer purchased a food processor for ₹10,000. He offered a discount of 20% on its listed price and still gained a profit of 40%. Find the listed price of the food processor.

Options:

₹16,000

₹15,200

₹17,500

₹12,000

Correct Answer:

₹17,500

Explanation:

        CP                            MP

  100 - Discount    :      100 + Profit

     100 - 20      :           100 + 40

       80             :              140

       4               :             7

4 = 10000

7 = 17500