The cash difference between the selling

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The cash difference between the selling prices of an article at a profit of 8% and at a loss of 4% is ₹54. Find the cost price of the article.

Options:

₹720

₹450

₹540

₹480

Correct Answer:

₹450

Explanation:

Direct concept =

Profit% + loss% = Difference given

8% + 4% = 54

12% of CP = 54

then 100% of CP = ₹450