If a saree is sold for ₹3,060, th

CUET Preparation Today

Start Free Mocks

Home Questions KKKQFU54BX

Target Exam

CUET

Subject

General Aptitude 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