Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of an article is ₹480. A person buys it at two successive discounts of 15% and 10%. He sells it at a profit of 25%, What is his profit (in ₹)?

Options:

95.40

90.60

91.80

93.20

Correct Answer:

91.80

Explanation:

Marked price = 480

Discounts successive = 15% and 10%

Profit he wants = 25%

Cost price for him = 480 × \(\frac{85}{100}\)  × \(\frac{90}{100}\)  = 367.2

Now 25% profit = 25% of 367.2 = 91.80