Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

If 25% discount is given on an article, then there will be a loss of 15%. If the article is sold at its marked price, then what will the profit percentage be? [Give your answer correct to 2 decimal places.]

Options:

15.66%

12.66%

13.33%

10.22%

Correct Answer:

13.33%

Explanation:

Discount = 25% means 75% of marked price

Loss% = 15% means 85% of the cost price

75% of MP = 85% of CP

MP : CP = 17 : 15

Profit when sold at MP = 2 × \(\frac{100}{15}\) = 13.33%