Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

What will be the cost price of the goods if a shopkeeper allows a discount of 10% on the marked price of Rs.100 and gains 8% (rounded off to the nearest integer)?

Options:

Rs.83

Rs.86

Rs.87

Rs.81

Correct Answer:

Rs.83

Explanation:

Marked price = 100

Discount = 10%

Gain = 8%

ATQ,

CP = 100  ×  \(\frac{9}{10}\) × \(\frac{100}{108}\) = 83