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} $ %