Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

On selling 18 pens at ₹660, there is a profit equal to the cost price of 4 pens. What is the cost price of one pen (in ₹)?

Options:

33

45

30

22

Correct Answer:

30

Explanation:

On selling 18 pens at 660, there is a profit equal to the cost price of 4 pens.

18(sp - cp) = 4cp

9(sp - cp) = 2cp

9sp - 9cp = 2cp

9sp = 11cp … (1)

As we know that selling price of 18 pens is 660.

18sp = 660

3sp = 110 …. (2)

Put Eq.(2) in Eq.(1).

3 ×110 = 11cp

CP = 30