Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Namitha gives a 20% discount on all things in her shop and yet makes a profit of 12%. What is the cost price of an item with marked price of ₹280?

Options:

₹215

₹210

₹212

₹200

Correct Answer:

₹200

Explanation:

        CP                            MP

  100 - Discount    :      100 + Profit

     100 - 20      :           100 + 12

       80             :              112

       5               :             7

7 = 280

5 = 200