Profit and loss

Quantitative Aptitude ( CCS)

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

By selling 20 articles, a person gains CP of 5 articles. Find the profit% incurred by him.

33 1/3%

25%

20%

16 2/3%

Profit = SP – CP
CP of 5 articles = SP of 20 article – CP of 20 articles
So CP of 25 articles = SP of 20 articles
Profit% = 5/20 * 100 = 25%

Hence, option 2 is the correct answer.