Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Sunil purchased a fan at a 10% discount on the labelled price. If he had purchased it at a 15% discount, he would have saved ₹400. Find the labelled price of the fan.

Options:

₹8,400

₹7,500

₹800

₹8,000

Correct Answer:

₹8,000

Explanation:

ATQ 

(15% - 10%) of MP = ₹400

5% of MP = ₹400

100% of MP = ₹8,000

MP = ₹8,000