Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The ratio of cost price and selling price is 7 : 3.5. The loss percent is:

Options:

70%

60%

50%

100%

Correct Answer:

50%

Explanation:

  Cost price         selling price             loss

       7                     3.5          =        3.5

Loss% = \(\frac{3.5}{7}\) × 100 = 50%