Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shirt bought for Rs. 270 is marked at 8% higher than the cost price and sold at 10% discount. What is the selling price (in Rs.) of the shirt?

Options:

260

262.44

267.44

270

Correct Answer:

262.44

Explanation:

Cost price of shirt = Rs. 270

Marked price = \(\frac{108}{100}\) × 270

= 291.6

Now, sold at 10% discount .

Selling price = \(\frac{90}{100}\) × 291.6

= \(\frac{9}{10}\) × 291.6

= Rs. 262.44