Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper sells his article at  \(16\frac{2 }{3}\) % profit on selling price. Find his actual profit %.

Options:

\( {14}_{2}^{7} \)%

15%

25%

20%

Correct Answer:

20%

Explanation:

16\(\frac{2}{3}\)% = \(\frac{1}{6}\)

SP = 6          CP = 5

        ↓                  ↓

        ----------------

                  ↓

Actual profit % = \(\frac{1}{5}\) × 100 = 20%