Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A dealer allows his customers a discount of 35% and still gains 30%. If the cost price of an article is ₹950, then what is its marked price (in ₹)?

Options:

1,900

1,750

1,800

1,500

Correct Answer:

1,900

Explanation:

        CP                    MP

      100 - D%           100 + P%

     100 - 35%           100 + 30%

         65                      130

65x = 950

then, 130x = â‚¹1900