Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Parikh sold his pen at a profit of ₹11. He calculated the profit percentage on selling price and found it to be 25%. The cost price (in ₹) of the pen is:

Options:

33

24

36

44

Correct Answer:

33

Explanation:

25 = \(\frac{11}{SP}\) × 100

S.P. = \(\frac{11}{25}\) × 100

S.P. = Rs. 44

∴ C.P. = 44 -  11 = Rs. 33