Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The ratio of the selling price to the cost price of a computer is 7:5. What is the profit percentage?

Options:

60%

10%

40%

20%

Correct Answer:

40%

Explanation:

The ratio of the selling price to the cost price of a computer is 7:5.

Profit = 7 – 5 = 2

profit percentage = \(\frac{2}{5}\) × 100

= 40%