Quantitative Aptitude Ques 2359
Question: Cost price of 40 apples is equal to selling price of 50 apples. What is the profit/loss percentage?
Options:
A) 20% gain
B) 20% loss
C) 10% gain
D) 10% loss
Show Answer
Answer:
Correct Answer: B
Solution:
- $ \because $ $ SP>CP $
$ \therefore $ Loss percentage $ =\frac{50-40}{50}\times 100 $ % $ =\frac{10}{50}\times 100 $ %=20%
BETA
