Madhya Pradesh Police Exam Model Paper 1

Question : 53 of 100

Marks: +1, -0

The Cost price of 20 boxes is equal to the Selling price of 15 boxes. What is the profit or loss percentage?

25%
50%
53.84%
33.3%

Solution:

Let, Cost price be c and selling price be s for one box
So, 20c = 15s
So, s/c = 20/15
We know,
Profit percentage = [(Selling price – Cost price.)/Cost price] × 100

= [(20 - 15){/}15] × 100 = 33.33%

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