Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

By selling 80 oranges, a vendor loses the cost price of 20 oranges. His loss% is?

Options:

20%

24%

25%

26%

Correct Answer:

25%

Explanation:

Loss = CP - SP

CP = cost price of 1 orange 

Sp = selling price of 1 orange

Loss = CP of 20 oranges

80CP - 80SP = 20CP

60CP = 80SP

CP  : SP

  4  : 3

Loss % = \(\frac{1}{4}\) x 100 = 25%