Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Selling price of 9 articles is equal to cost price of 12 articles. Find profit or loss percentage.

Options:

33.33% profit

25% profit

25% loss

12.5% loss

Correct Answer:

33.33% profit

Explanation:

S.P. of 9 = C.P. of 12

C.P : S.P. = 9 : 12 = 3 : 4

Profit = 1

Profit Percent = \(\frac{1}{3}\) × 100% = 33 \(\frac{1}{3}\) %