Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper marks his goods at a price such that after giving a discount of 20%, he gains 25%. If the cost price of the article is ₹560, what will be its marked price (in ₹)?

Options:

914

875

856

765

Correct Answer:

875

Explanation:

        CP                    MP

      100 - D%           100 + P%

     100 - 20%           100 + 25%

         80                      125

80x = 560

then, 125x = 875