Multiple choice

The selling price of 5 articles is the same as the cost price of 3 articles. What is the profit or loss percent?

  1. 60% loss

  2. 66.67% loss

  3. 40% loss

  4. 40% profit

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let each article have a cost price = x rupees Then, cost price of 5 articles = 5x Selling price of 5 articles = 3x% loss = 2x * 100/5x = 40%

Keep practicing — related questions