Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Selling price of 84 articles is equal to cost price of 72 articles. Find profit or loss percentage.

Options:

14\(\frac{2}{7}\)% 

18\(\frac{2}{7}\)% 

33\(\frac{1}{3}\)% 

40% 

Correct Answer:

14\(\frac{2}{7}\)% 

Explanation:

S.P. of 84 = C.P. of 72

C.P : S.P. = 7 : 6 

Loss = 1

Loss Percent = \(\frac{1}{7}\) × 100% = 14\(\frac{2}{7}\) %