Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of an article is ₹1,280. If a shopkeeper sold the article at 12% profit after giving 30% discount, then the cost price of the article is:

Options:

₹700

₹800

₹600

₹850

Correct Answer:

₹800

Explanation:

        CP                    MP

      100 - D%           100 + P%

     100 - 30%           100 + 12%

         70                      112

         ⇓×  \(\frac{80}{7}\)             ⇓× \(\frac{80}{7}\)

        800                  1,280 Given