Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Selling price of 17 articles is equal to cost price of 34 articles. Find profit or loss percentage on selling price.

Options:

55%

40%

60%

50%

Correct Answer:

50%

Explanation:

S.P. of 17 = C.P. of 34

C.P : S.P. = 17 : 34 = 1 : 2

Profit = 1

Profit Percent = \(\frac{1}{2}\) × 100% = 50%