Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

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

Options:

25% profit

37.5% loss

25% loss

37.5% profit

Correct Answer:

25% loss

Explanation:

ATQ,

          12S = 9C

   ⇒  S → 3,  C → 4

Loss% = \(\frac{(4-3)}{4}\) × 100 = 25%