Practicing Success
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CUET
General Test
Numerical Ability
Profit and Loss
The ratio of cost price and selling price is 8 : 11. The profit percent is:
40.5%
42.5%
39%
37.5%
Cost price selling price Profit
8 11 = 3
Loss% = \(\frac{3}{8}\) × 100 = 37.5%