Target Exam

CUET

Subject

General Aptitude Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A man bought a mobile and paid 20% less than its marked price. He sold it at 45% profit on the price he had paid. The percentage of profit earned by him on the marked price was:

Options:

25

15

12

16

Correct Answer:

16

Explanation:

The correct answer is Option (4) → 16