Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

By selling an article for ₹1,134, Anu suffers as much loss as she would have gained by selling it at 10% profit. If she sells it for ₹1,354.50, then her profit percentage is:

Options:

9

8

8.4

7.5

Correct Answer:

7.5

Explanation:

SP of the article = Rs. 1134

CP of the article = 1134 × \(\frac{100}{90}\) = Rs. 1260

New SP of the article = 1354.50

Profit = 1354.5 – 1260 = 94.5

Profit % = \(\frac{94.5}{1260}\) × 100 = 7.5%