Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Percentages

Question:

A man bought 100 mangoes at a certain price, with the intention of selling each at a profit of 25%. But 20 mangoes got spoilt. If he sold the rest at the intended price, what was his profit or loss percentage?

 

Options:

0%

6.66% profit

6.25% loss

12.5% profit

Correct Answer:

0%

Explanation:

Let the price be Rs. 10, selling at a profit of 25% i.e. SP = 12.5

Total cost = 100 x 10 = 1000

Total revenue after 20 mangoes got spoilt = 80 x 12.5 = 1000

Thus, there is no profit no loss situation.