Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

RAM sold 48 articles for Rs. 2160 and suffered a loss of 10%. How many articles should be sold for Rs. 2240 to earn a profit of 12%?

Options:

36

40

44

50

Correct Answer:

40

Explanation:

SP of 1 article = \(\frac{2160}{48}\) = 45

loss of 10% = \(\frac{1→ loss}{10 → CP }\)                         

9R → 45, then 10R → 50,  C.P. = Rs. 50

To gain 12%, S.P. = \(\frac{50 ×112}{100}\) = 56

No. of article = \(\frac{2240}{56}\) = 40