Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

An article is sold for ₹ 810 at a loss of 10%. What should be the selling price if the loss is 20%?

Options:

₹ 750

₹ 630

₹ 600

₹ 720

Correct Answer:

₹ 720

Explanation:

Selling price of the article = 810

Loss = 10%

Cost price = 810 × \(\frac{100}{90}\) = 900

Loss required = 20%

New selling price = 80% of 900 = 720