Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper earns 25% profit on selling price. Find his profit percentage on cost price.

Options:

33.33%

48%

25%

32%

Correct Answer:

33.33%

Explanation:

S × 25% = \(\frac{1}{4}\)S ⇒ Let SP = 4

Profit = 1

CP    = 3

Profit on CP = \(\frac{(4-3)}{3}\) × 100 = 33.33%