Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Rakesh sold a car for ₹5,00,000 at a 28% profit. At what price should he sell it to get a 32% profit?

Options:

₹5,15,615

₹5,15,620

₹5,15,630

₹5,15,625

Correct Answer:

₹5,15,625

Explanation:

Selling price of the car = 5,00,000 

Profit = 28%

So according to the question,

128% of the CP = 5,00,000 

then , 100% of the CP = 390625
and wanted profit = 32%

So, 132% of the profit = ₹5,15,625