CUET Preparation Today
CUET
General Aptitude Test
Numerical Ability
Profit and Loss
The selling price of 20 articles is the same as the cost price of 16 articles. The gain or loss percent is:
20%
25%
30%
35%
ATQ,
⇒ S.P. of 20 = C.P. of 16
⇒ C.P. : S.P. = 5 : 4
⇒ Loss = 5 - 4 = 1
⇒ Loss percentage = \(\frac{1}{5}\) × 100 = 20%