Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Kuldeep offers his customers a discount of 10% on the marked price of a suitcase and he still makes a profit of 20%. What is the actual cost of the suitcase marked for ₹2,500?

Options:

₹1,860

₹1,875

₹1,865

₹1,870

Correct Answer:

₹1,875

Explanation:

        CP                    MP

      100 - D%           100 + P%

     100 - 10%           100 + 20%

         90                      120

If, 120x = 2,500

then, 90x = ₹1,875