Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of an article is ₹800 and it is sold at a discount of 19%. If there is a gain of 8%, then by what percent above the cost price was the article marked?

Options:

25%

33.33%

36.5%

40%

Correct Answer:

33.33%

Explanation:

              CP                    MRP

          (100-19)             (100+8)

              81                    108

               ↓                       ↓

               ---------------------

                         27

 

Required % = \(\frac{27}{81}\) × 100 = 33.33%