Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A bag is sold at a discount of 12.5%. The marked price of the bag is ₹6,400 and the profit earned is 25%. What is the cost price of the bag?

Options:

₹4,120

₹4,260

₹4,480

₹4,640

Correct Answer:

₹4,480

Explanation:

Marked price of the bag= 6400

Discount = 12.5%

Profit = 25%

According to the question = 6400 × \(\frac{7}{8}\)  × \(\frac{4}{5}\) = ₹4,480