CUET Preparation Today
CUET
General Aptitude Test
Numerical Ability
Profit and Loss
By selling an article for ₹600, a person made a profit of 50%. What was the cost price of this article?
₹300
₹450
₹400
₹350
The selling price = 600
Profit = 50% = \(\frac{1}{2}\) = \(\frac{Profit}{CP}\)
SP = 2 + 1 = 3
3 = 600
then, 2 = ₹400