Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

An article was sold at a gain of 18%. If it had been sold for ₹ 49 more, then the gain would have been 25%. The cost price of the article is:

Options:

₹ 700

₹ 570

₹ 650

₹ 890

Correct Answer:

₹ 700

Explanation:

Profit1% = 25

Profit2% = 18

Direct concept = Profit1% - Profit2% = Given profit in rupees

                          25%  -  18%   = 49

                            7% of CP = 49

                          100% of CP = 700