Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A gold bracelet is sold for ₹16500 at a loss of 25%. What is the price cost of it?

Options:

₹ 21000

₹ 22000

₹ 23000

₹ 20000

Correct Answer:

₹ 22000

Explanation:

25% = \(\frac{1}{4}\)

Cost price = 4R

Loss = 1R

Selling Price = 4R - 1R = 3R

ATQ,

S.P. = 3R = 16500

1R = 5500

Cost price = 4R = 4 × 5500 = Rs.22000/-