Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The selling price of 11  articles is the same as the cost price of 9 articles. The gain or loss percent is:

Options:

20\(\frac{2}{11}\)%

28\(\frac{2}{11}\)%

19\(\frac{2}{11}\)%

18\(\frac{2}{11}\)%

Correct Answer:

18\(\frac{2}{11}\)%

Explanation:

ATQ,

⇒ S.P. of 11 =  C.P. of 9

⇒ C.P. : S.P. = 11 : 9

⇒ Loss = 11 - 9 = 2

⇒ Loss percentage = \(\frac{2}{11}\) × 100 =  18\(\frac{2}{11}\)%