Selling price of 12 articles is equal to

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Selling price of 12 articles is equal to cost price of 8 articles. Find profit or loss percentage.

Options:

35.33%

33.33%

43.33%

38%

Correct Answer:

33.33%

Explanation:

S.P. of 12 = C.P. of 8

C.P : S.P. = 12 : 8

Loss = 4

Loss Percent = \(\frac{4}{12}\) × 100% = 33 \(\frac{1}{3}\) % = 33.33%