Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The selling price and the cost price of a cup are ₹576 and ₹800 respectively. What is the loss percentage?

Options:

22%

28%

24%

32%

Correct Answer:

28%

Explanation:

Selling price  = 576 

Cost price = 800

Loss% = (800 - 576) × \(\frac{100}{800}\) = 28%