Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

By selling 1 dozen ball pens, a shopkeeper earned the profit equal to the selling price of 4 ball pens. Find his profit percent.

Options:

50%

40%

33.3%

31.25%

Correct Answer:

50%

Explanation:

ATQ,

⇒ S.P. - C.P. = Profit

⇒ 12 S.P. - 12 C.P. = 4 S.P.

⇒ 8 S.P. = 12 C.P.

⇒ S.P. : C.P. = 3 : 2

⇒ Profit = 1R

⇒ Profit % = \(\frac{1}{2}\) × 100 = 50%