Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper sold his goods at half of the list price and thus lost 25%. If he had sold at the listed price, his gain %?

Options:

50%

60%

72%

35%

Correct Answer:

50%

Explanation:

Let the marked price of an article be x and CP = 100

according to the question, \(\frac{x}{2}\) = 75  ⇒ x = 150

if sold at MRP, them SP = 150

P% = \(\frac{50}{100}\) × 100% = 50%