Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

After allowing 15% discount, a dealer wishes to sell a machine for ₹1,22,700. At what price must the machine be marked?

(Consider up to two decimals)

Options:

₹1,22,352.94

₹1,44,352.94

₹1,48,352.94

₹1,36,352.94

Correct Answer:

₹1,44,352.94

Explanation:

Discount of 15% means ,

85% of the marked price = 1,22,700

then, 100% of the marked price = 1,22,700 × \(\frac{85}{100}\) = ₹1,44,352.94