Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

An article was sold at a gain of 16%. If it had been sold for 36 more, the gain would have been 20%. The cost price of the article is

Options:

₹862

₹900

₹810

₹720

Correct Answer:

₹900

Explanation:

Direct concept = Maximum Profit% - Minimum Profit% = Given more amount  in rupees

                           20%  +     16%   = 36

                            4% of CP = 36

                            100% of CP = 900