Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The ratio of cost price and selling price is 5 : 4. The loss percent is:

Options:

20%

25%

40%

50%

Correct Answer:

20%

Explanation:

Cost price         selling price          loss

        5                         4          =       1

Loss% = \(\frac{1}{5}\) × 100 = 20%