Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

If the ratio of selling price and cost price of an apple be 11 : 10, the percentage of profits is :

Options:

8%

10%

12%

18%

Correct Answer:

10%

Explanation:

ATQ,

S.P. : C.P. = 11 : 10

Profit = S.P. - C.P. = 11 - 10 = 1

Profit Percent = \(\frac{Profit}{C.P.}\) × 100% = \(\frac{1}{10}\) × 100% = 10%