A shopkeeper gives a discount of 25% on

CUET Preparation Today

Start Free Mocks

Home Questions WFT9UFHMFM

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper gives a discount of 25% on a purse. If he gives a discount of 37%, he earns ₹120 less in profit. Find the marked price.

Options:

₹1,200

₹1,000

₹1,220

₹1,500

Correct Answer:

₹1,000

Explanation:

First discount = 25%

If he gives 37% discount then the difference between the discounts is 37% - 25% = 12%

12% of MP = 120

100% of MP = Rs.1000