Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Marked price of an article is ₹2600, which is 30% more than the cost price. If the profit is 45%, then what will be the selling price of the article?

Options:

₹3100

₹3900

₹2700

₹2900

Correct Answer:

₹2900

Explanation:

Marked pride = 2600

Profit included = 30%

Profit he wants = 45%

then the cost price = 130% of CP = 2600

100% of CP = 2000

145% of CP = 2900