Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

To find the profit % made on a transaction which among the following is/are required ?

A. Cost Price and Discount on Market Price

B. Market Price and Discount %

C. Discount % of Market Price

D. Cost Price and Discount% on Market Price

Choose the correct answer from the options given below:

Options:

'A' is required Only

'A' and 'B’ is required Only

'A' and 'C' is required Only

'A' and 'D' is required Only

Correct Answer:

'A' and 'B’ is required Only

Explanation:

To find the profit, we need 2 things

1. Cost price.

2. MRP and Discount percent

Therefore, 

Option (b) : 'A' and 'B’ is required Only is correct answer.