Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Rajan sold an article to Shyam at a profit of 20%, Shyam sold it to Mohan at a loss of 10%, while Mohan sold it to Ratan at a profit of 12.5%. If Ratan purchased the article for ₹1,215, then at what price did Rajan purchase it?

Options:

₹2,000

₹950

₹1,000

₹900

Correct Answer:

₹1,000

Explanation:

            Rajan                      Shyam                      Mohan                          Ratan

CP       100  -----20%P-------120-----10%L---------108--------12.5%P----------121.5

            ⇓×10                                                                                          ⇓×10

           1000                                                                                           1,215(Given)