Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A cell phone was bought for Rs.18,400 after getting a discount of 8% on its marked price. What is the marked price of the cell phone ?

Options:

Rs.20,500

Rs.19,000

Rs.19,500

Rs.20,000

Correct Answer:

Rs.20,000

Explanation:

S.P = Rs. 18400

Discount = 8%

According to the question,

18400 = \(\frac{92}{100}\) × M.P

M.P = \(\frac{100}{92}\) × 18400

M.P = Rs.20000