Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A woman sold her earphone for ₹2,000 and got a percentage profit equal to the numerical value of cost price. The cost price of the earphone is:

Options:

₹ 500

₹ 200

₹ 600

₹ 400

Correct Answer:

₹ 400

Explanation:

Let the cost price = x

then profit will be = \(\frac{x × x}{100}\) = \(\frac{x^2}{100}\)

x + \(\frac{x^2}{100}\) = 2000

x + \(\frac{x^2}{100}\) - 2000 = 0

x2 + 100x - 200000 = 0

x = 400