Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

By selling 72 articles, the loss equal to the selling price of 8 articles was incurred. Find the loss percent.

Options:

5%

8%

10%

11\(\frac{1}{9}\)%

Correct Answer:

10%

Explanation:

ATQ,

      72C - 72S = 8S

               72C = 80S

          ⇒   9C = 10S

            C → 10,   S → 9

Loss % = \(\frac{(10-9)}{10}\) × 100 = 10%