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CUET
General Test
Numerical Ability
Profit and Loss
The ratio of the cost price and the selling price is 5 : 3. What is the loss percentage?
35%
40%
25%
30%
The ratio of the cost price and the selling price is 5 : 3
Loss = 5 - 3 = 2
Loss% = 2 × \(\frac{100}{5}\) = 40%