Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of an article is 30% more than the cost price. A discount of 15% is offered on the marked price. By what percentage is the final price more than the cost price?

Options:

10.5%

15.5%

19.5%

8.5%

Correct Answer:

10.5%

Explanation:

        CP                    MP

      100 - D%           100 + P%

     100 - 15%           100 + x%

         85                   100 + x%

\(\frac{10}{13}\) = \(\frac{85}{100 + x%}\) 

(100 + x%) = 110.5

x% = 10.5%