ABC26GN2564 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

If the cost price is 96% of the selling price, then what is the profit percent ?

Answer

Answer (as printed):

Explanation

Let S.P. $=₹ 100$. Then, C.P. $=₹ 96$; Profit $=₹ 4$. $$\text { ∴ } \text { Profit } \%=\left(\frac{4}{96} \times 100\right) \%=\frac{25}{6} \%=4.17 \% .$$

Explanation as extracted from the printed page; notation may be imperfect.

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