Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

If profit is 20% of the selling price, then profit is what percent of the cost price?

Options:

15%

25%

22.5%

20%

Correct Answer:

25%

Explanation:

Profit is 20% on the selling price

SP : Profit = 5 : 1

Then CP = 4

Profit on CP = 1 × \(\frac{100}{4}\) = 25%