Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The cost price of 27 articles is the same as the selling price of 18 articles. What is the gain or loss percentage?

Options:

50% gain

60% loss

30% loss

90% gain

Correct Answer:

50% gain

Explanation:

Cost price of 27 articles = Selling price of 18 articles

\(\frac{CP}{SP}\) =  \(\frac{18}{27}\)

Profit = 9

Profit% = 9 × \(\frac{100}{18}\)  = 50%