Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of an article is ₹625. After allowing a discount of 32% on the marked price, there was a profit of ₹25. The profit percentage (correct to the nearest integer) is :

Options:

5%

4%

6%

7%

Correct Answer:

6%

Explanation:

Marked price = ₹625

After allowing a discount of 32% on the marked price the selling price = 68% of 625 = 425

Profit= 25

Then the profit percentage=  \(\frac{25}{(425 - 25)}\) × 100= 6%