Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Kishore had a loss of 20% on selling an article for Rs. 7160. At which price article should be sold to make a profit of 25%?

Options:

10678

11187.5

11635.6

12007

Correct Answer:

11187.5

Explanation:

Loss of 20%                                                    Profit of 25%

80% of CP = 7160                                            SP = 125% of CP

100% of CP = \(\frac{7160}{80}\) × 100                               = \(\frac{125 × 8950}{100}\) 

CP = 8950                                                           = 11187.5