Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The ratio of the cost price and selling price of an article is 10 : 11. The gain per cent is:

Options:

10%

8%

5%

15%

Correct Answer:

10%

Explanation:

Cost price : selling price =  10 : 11

Profit% = \(\frac{1 × 100}{10}\) = 10%