Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A T.V. is sold at 8%gain. Had it been sold for ₹2553 less; there would have been loss of 15%. To gain 18%, the selling price (in ₹) of T.V. would be:

Options:

13098

15000

9102

11100

Correct Answer:

13098

Explanation:

Let the CP of the TV = 100x

SP of the CP at 8% gain = 108x

Loss of 15% means = 85% of CP 

New SP = 85x

Now Loss + Profit = 2553 (Given)

23% = 2553

To gain 18% on the CP,

Selling price of TV at 18% gain = 2553 × \(\frac{118}{23}\) = 13098