Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The ratio of cost price and selling price is 8 : 11. The profit percent is:

Options:

40.5%

42.5%

39%

37.5%

Correct Answer:

37.5%

Explanation:

Cost price         selling price          Profit

        8                       11          =       3

Loss% = \(\frac{3}{8}\) × 100 = 37.5%