Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of a table fan is ₹3,750 and is available to the retailer at a discount of 20%. At what price should the retailer sell it to earn a profit of 15%?

Options:

₹3,350

₹3,400

₹3,300

₹3,450

Correct Answer:

₹3,450

Explanation:

Marked price of the article = 3750

Discount = 20%

Profit he wants to earn = 15%

Then selling price = 3750 × \(\frac{4}{5}\) × \(\frac{23}{20}\) = ₹3,450