Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

By selling 67 articles, a person gets the profit equal to selling price of 7 articles. Find profit percent.

Options:

11\(\frac{2}{3}\)%

15\(\frac{2}{3}\)%

11%

13\(\frac{2}{3}\)%

Correct Answer:

11\(\frac{2}{3}\)%

Explanation:

Profit = S.P. - C.P.

ATQ,

⇒ S.P. of 7 = S.P. of 67- C.P. of 67

⇒ C.P. of 67 = S.P. of 60

⇒ C.P.   :    S.P.  =  60 : 67

Profit = 7R

Profit percent = \(\frac{7}{60}\) × 100 = 11\(\frac{2}{3}\)%