Puneet sold an article for ₹1,750 at a

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Puneet sold an article for ₹1,750 at a loss of 50%. If Puneet sells the article at loss of 30%, then what will be the selling price?

Options:

₹2,640

₹2,180

₹2,450

₹2,100

Correct Answer:

₹2,450

Explanation:

Selling price of the article = 1750

Loss = 50%

cost price = $\frac{1750}{1}$ × 2 = 3500

Selling price at 30% loss = 70% of 3500 = 2450