Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A man bought a watch for 12% discount. If he had bought it for 24% discount, he would have got the watch for ₹2400 less. The marked price of the watch is:

Options:

₹30,000

₹22,500

₹20,000

₹25,000

Correct Answer:

₹20,000

Explanation:

Difference between two discounts =  24 - 12 = 12%

If, 12% of MP = 2400 

Then, 100% of MP = ₹20,000