Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Selling price of 16 articles is equal to cost price of 12 articles. Find profit or loss percentage.

Options:

15%

30%

25%

35%

Correct Answer:

25%

Explanation:

S.P. of 16 = C.P. of 12

C.P : S.P. = 16 : 12 = 4 : 3

Loss = 1

Loss Percent = \(\frac{1}{4}\) × 100% = 25%