Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

If a saree is sold for ₹3,060, the seller will face 15% loss, at what price should he sell the saree to gain a 20% profit ?

Options:

₹4,650

₹3,600

₹3,440

₹4,320

Correct Answer:

₹4,320

Explanation:

           SP1                    SP2

      100 - L%           100 + P%

     100 - 15%           100 + 20%

         85                      120

85x = 3060

then, 120x =  ₹4,320