Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Instead of 1 meter scale, a cloth merchant uses a 105 cm scale while buying, but uses an 80 cm scale while selling the same cloth. If he offers a discount of 10% on the cash price, find the profit %?

Options:

18.125%

20.250%

10.750%

15%

Correct Answer:

18.125%

Explanation:

              CP     :     SP

           100      :     105

             80      :     100

             10      :       9

          -------        -------

            160             189

Profit = \(\frac{189 - 160}{160}\) × 100

Profit = 18.125%