Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Mohan bought 38 books for Rs.3500 and sold them at a profit equal to the selling price of 3 books. The selling price of 1 book is:

Options:

Rs.150/-

Rs.100/-

Rs.120/-

Rs.90/-

Correct Answer:

Rs.100/-

Explanation:

S.P. of 38 - C.P. of 38 = S.P. of 3 (profit)

S.P. of 35  = C.P. of 38

C.P. of 38 = Rs. 3500 (given)

Therefore,

S.P. of 35 = Rs. 3500

S.P. of 1 = Rs.100/-