Selling price of 14 articles is equal to

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Selling price of 14 articles is equal to cost price of 10 articles. Find profit or loss percentage.

Options:

28.57% profit

25% profit

14.28% loss

28.57% loss

Correct Answer:

28.57% loss

Explanation:

S.P. of 14 = C.P. of 10

C.P : S.P. = 14 : 10 = 7 : 5

Loss = 2

Loss Percent = \(\frac{2}{7}\) × 100% = 28 \(\frac{4}{7}\) % = 28.57%