Profit and loss

Quantitative Aptitude (CHSL)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

The cost price of 10 ice creams is equal to the selling price of 15 ice creams. Find the profit/loss percent.

25% profit

33.33% loss

33.33% profit

50% loss

Let the Cost Price of 1 ice cream is C.P

and Selling Price of 1 ice cream is S.P

So 10 × C.P = 15 × S.P

C.P : S.P

15 : 10 => 3 : 2

Loss% = (3 - 2)/3 × 100% = 33.33%