Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

After giving 20% discount on an article a shopkeeper earns 30% profit. Marked price is what percent of cost price?

Options:

122.5%

137.5%

150%

162.5%

Correct Answer:

162.5%

Explanation:

        CP                    MP

      100 - D%           100 + P%

     100 - 20%           100 + 30%

         80                      130

Mark price % = 130 × \(\frac{100}{80}\) = 162.5%