CUET Preparation Today
The cost price of an article is $\frac{6}{7}$ of its selling price. What will be the profit or loss percentage? |
16.67% loss 14.28% profit 16.67% profit 14.28% loss |
16.67% profit |
Cost price of an article = $\frac{6}{7}$ of its selling price. \(\frac{SP}{CP}\) = \(\frac{6}{7}\) Profit % = (7 - 6) × \(\frac{100}{6}\) = 16.67% |
