Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The cost price of goods, for a shopkeeper, was X. He marked them at 15% above the cost price. Finally, he sold the goods at a discount of 25%. What is his profit/loss percentage ?

Options:

13% Loss

12% Profit

13.5% Profit

13.75% Loss

Correct Answer:

13.75% Loss

Explanation:

Direct concept = 

Loss percentage  =  x + y - \(\frac{x × y}{100}\)

Loss percentage  =  25 + 15 - \(\frac{25 × 15}{100}\) = 13.75% Loss