Selling price of 35 articles is equal to

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Selling price of 35 articles is equal to cost price of 25 articles. Find profit or loss percentage.

Options:

15.5%

12.5%

16.5%

17.5%

Correct Answer:

12.5%

Explanation:

S.P. of 40= C.P. of 35

C.P : S.P. = 8 : 7

Loss = 1

Loss Percent = $\frac{1}{8}$ × 100% = 12 $\frac{1}{2}$ % = 12.5%