Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The selling price of an article is three times of the loss incurred on selling this article. What is the loss percentage?

Options:

25%

33.33%

40%

50%

Correct Answer:

25%

Explanation:

Let the selling price = 3x

then the loss = x

cost price will be 3x + x = 4x

loss% = x × \(\frac{100}{4x}\) = 25%