Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

If the cost price of 70 articles is equal to the selling price of 40 articles, what will be the profit percentage?

Options:

75%

65%

60%

70%

Correct Answer:

75%

Explanation:

The cost price of 70 articles = selling price of 40 articles

\(\frac{CP}{SP}\) = \(\frac{40}{70}\)

Profit% = (70 - 40) × \(\frac{100}{40}\) = 75%