Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

If an article is sold at 25% gain instead of 10% loss, the man gains Rs. 1295 more. Find CP of that article.

Options:

3600

3700

3800

4000

Correct Answer:

3700

Explanation:

Let CP = Rs.P

S.P. at 10% loss = P × 90%

S.P. at 25% Profit = P× 125%

ATQ,

⇒ Profit = S.P. at 25% Profit - S.P. at 10% loss

⇒ 1295 = P× 125% - P × 90% = P × 35%

⇒ P = \(\frac{1295}{35}\) × 100 = 3700