Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

If the cost price of an item is ₹2,000 and it is sold at a loss of 25%, then find its selling price.

Options:

₹1,500

₹1,000

₹2,000

₹3,500

Correct Answer:

₹1,500

Explanation:

Cost price of the article = 2000

Loss % = 25%

Selling price = 75% of the cost price

Selling price = 75% of 2000

Selling price = 1500