Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper earns 17% profit by selling an article at 10% discount on its marked price. If its cost price is ₹480, then the marked price (in ₹)of the article is:

Options:

640

624

636

600

Correct Answer:

624

Explanation:

        CP                    MP

      100 - D%           100 + P%

     100 - 10%           100 + 17%

         90                      117

         ⇓× \(\frac{16}{3}\)                  ⇓× \(\frac{16}{3}\)    

       480 Given           624