Question : If the ratio of cost price and the selling price is 5 : 6, then the gain percent is:
Option 1: $20\%$
Option 2:
$33\frac{1}{3}\%$
Option 3:
$25\%$
Option 4:
$30\%$
Correct Answer: $20\%$
Solution : Given that the ratio of the cost price and selling price of an article is 5 : 6. Let the selling price be 6k and the cost price be 5k. Profit = 6k – 5k = k $\therefore$ Profit percentage $=\frac{\text{Selling price – Cost price}}{\text{Cost price}}×100=\frac{k}{5k}×100=20\%$ Hence, the correct answer is $20\%$.
Result | Eligibility | Application | Selection Process | Cutoff | Admit Card | Preparation Tips
Question : A man sold 250 chairs and had a gain equal to the selling price of 50 chairs. His profit percent is:
Question : A shopkeeper marked the selling price of his goods in such a way that after giving a discount of 10% he gains 17%. How much percent above the cost price is the marked price?
Question : If $0°<\theta<90°$ and $2\sec\theta =3 \operatorname{cosec}^2 \theta$, then $\theta$ is:
Question : By selling 24 items, a shopkeeper gains the selling price of 4 items. His gain percentage is:
Question : If the selling price of 318 articles is equal to the cost price of 212 articles, then what is the loss percentage?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile