Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Ajay sold an article for ₹84 at a loss of 30%. If he sells the same article at ₹120, then what will be his profit or loss percentage?

Options:

10% loss

15% loss

20% profit

No profit no loss

Correct Answer:

No profit no loss

Explanation:

SP = 84

Discount = 30%

CP = 

70% of CP = 84

100% of CP = 120

New selling price = 120

So when it is sold at 120 rupees there will be no profit and no loss.