CAT 2025 Slot 1 — QA Question 16
Profit & LossMedium
A shopkeeper offers a discount of 22% on the marked price of each chair, and gives 13 chairs to a customer for the discounted price of 12 chairs to earn a profit of 26% on the transaction. If the cost price of each chair is Rs 100, then the marked price, in rupees, of each chair is
Answer & solution
Correct answer: 175
Answer: 175