Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of an article is ₹840. A shopkeeper gives a discount of 15% on the marked price and still makes a profit of 19%. What is the cost price of the article?

Options:

₹580

₹540

₹600

₹640

Correct Answer:

₹600

Explanation:

        CP                    MP

      100 - D%           100 + P%

     100 - 15%           100 + 19%

         85                      119

119x = 840 Given

85x = ₹600