A shopkeeper allows a discount of 20% on

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper allows a discount of 20% on an article and still makes a profit of 25%. What does he pay for an article whose marked price is ₹800 ?

Options:

₹492

₹512

₹800

₹640

Correct Answer:

₹512

Explanation:

SP MP

100 - D% 100 + P%

100 - 20% 100 +25%

80 125

125x = 800

then, 80x = ₹512