Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The cost price of an article is Rs.6,450. If it sold at a profit 16%, how much would be its selling price?

Options:

Rs.7,482

Rs.7,428

Rs.7,842

Rs.7,282

Correct Answer:

Rs.7,482

Explanation:

Cost price of the article = 6450

Profit % = 16%

The selling price = 116% of CP

SP = 116 × \(\frac{6450}{100}\) = Rs.7,482