CUET Preparation Today
CUET
General Aptitude Test
Numerical Ability
Profit and Loss
If selling price of an article is \(\frac{8 }{5}\) times of its cost price, Then find the profit percentage.
120%
160%
40%
60%
ATQ,
⇒ SP = \(\frac{8}{5}\) CP
⇒ SP = 8, CP = 5 ⇒ Profit = 3
Profit % = \(\frac{3}{5}\) × 100 = 60%