Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A dealer allows his customers a discount of 18%, and still gains 24%. If an article costs ₹1,560 to the dealer, what is its marked price (to the nearest ₹) ?

Options:

2,565

2,024

2,168

2,359

Correct Answer:

2,359

Explanation:

Discount = 18%

Profit = 24%

Cost price of the article = 1560

The marked price,

= 1560 × \(\frac{124}{100}\) × \(\frac{100}{82}\)

= 2359