Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The profit obtained by selling an article for ₹ 625 is same as the loss incurred if it is sold for ₹ 545. The price at which it is to be sold to realize a profit of ₹ 65 on the cost price is.

Options:

₹ 640

₹ 630

₹ 650

₹ 660

Correct Answer:

₹ 650

Explanation:

ATQ,

       (625 - C) = (C - 545)

                2C = 1170

                  C = 585

Selling price = 585 + 65 = Rs. 650