Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The ratio of the cost price and the selling price is 5 : 3. What is the loss percentage?

Options:

35%

40%

25%

30%

Correct Answer:

40%

Explanation:

The ratio of the cost price and the selling price is 5 : 3

Loss = 5 - 3 = 2

Loss% = 2 × \(\frac{100}{5}\) = 40%