Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The cost price of a car is five times of the loss incurred on selling this car. What is the loss percentage?

Options:

25%

16.66%

20%

33.33%

Correct Answer:

20%

Explanation:

Cost price of the car = 5 timesLoss occured

So the ratio of CP : Loss = 5 : 1

Loss% = 1 ×\(\frac{100}{5}\) = 20%