Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Kamal purchases 80 articles for ₹11,180 and sells them at a loss equal to the selling price of 6 articles. What will be the selling price of 1 article?

Options:

₹130

₹120

₹135

₹125

Correct Answer:

₹130

Explanation:

Price of 80 article = 11180

Sell them at loss equal to the selling price of 6 articles

Loss = 6SP

The selling price of 1 article will be

Loss = CP - SP

6SP = 11180−80SP

 6SP + 80SP = 11180

86SP = 11180

SP of one article = 130