Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

If selling price of an article is \(\frac{8 }{5}\) times of its cost price, Then find the profit percentage.

Options:

120%

160%

40%

60%

Correct Answer:

60%

Explanation:

ATQ,

⇒ SP = \(\frac{8}{5}\) CP

⇒ SP = 8, CP = 5 ⇒  Profit = 3

Profit % = \(\frac{3}{5}\) × 100 = 60%