Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Akriti buys a smartphone for ₹12,500. If she wants to profit of 30%, how much should she charge for the smartphone?

Options:

16000

14375

16250

15400

Correct Answer:

16250

Explanation:

Cost of phone = 12500

Selling Price for 30% profit = 1.3*12500 = 16250

The correct answer is Option (3) → 16250