Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The selling price of a bulb is half of its cost price. What is the loss percentage?

Options:

60%

20%

40%

50%

Correct Answer:

50%

Explanation:

Selling price = Half of the cost price

Selling price : cost price = 1 : 2

Loss% = 1 × \(\frac{100}{2}\) =  50%