Quantitative Aptitude Ques 1606

Question: Cost price of 100 books is equal to the selling price of 60 books. The gain or loss percentage is

Options:

A) 66%

B) $ 66,\frac{2}{3} $ %

C) $ 66,\frac{3}{2} $ %

D) 67%

Show Answer

Answer:

Correct Answer: B

Solution:

  • [b] Let the cost price of 100 books be Rs. 100. Then, selling price of 60 books be Rs. 100. Selling price of 100 books $ =\frac{100\times 100}{60}=Rs.166.66 $ Profit percentage $ =\frac{66.66}{100}\times 100 $ %= $ 66,\frac{2}{3} $ %