ABC26GN2566 · Profit and Loss
Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2007 · Marks: · Difficulty:
The selling price of 30 items is equal to the purchase price of 25 items. What is the profit or loss percent? (Bank Recruitment, 2007)
Answer
Explanation
Let C.P. of each article be ₹ 1. Then, C.P. of 30 items $=₹ 30$, S.P. of 30 items $=₹ 25$. $$\begin{aligned} & \text { Loss }=₹(30-25)=₹ 5 . \\ & \therefore \quad \text { Loss } \%=\left(\frac{5}{30} \times 100\right) \%=16 \frac{2}{3} \% . \end{aligned}$$
Explanation as extracted from the printed page; notation may be imperfect.
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