Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Nikhil suffers a loss of ₹140 when he sells a perfume at 20% discount. Find the marked price of the perfume if the cost price is ₹380.

Options:

₹280

₹300

₹310

₹290

Correct Answer:

₹300

Explanation:

If there is a loss of Rs. 140 for a cost price of Rs. 380, then the selling price is 380 - 140 = Rs. 240

then according to the question,

If 80% of the marked price = 240

then ,100% of the marked price = 300