Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper sold an article for ₹3,750. If he had charged 24% less, even then he would have earned a profit of 14%. What is the original cost of the article?

Options:

₹2,850

₹2,717

₹3,289

₹2,500

Correct Answer:

₹2,500

Explanation:

        CP                    SP

      100 - D%           100 + P%

     100 - 24%           100 + 14%

         76                      114

114x = 3750

then, 76x = 2500 original cost price