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    Question

    If the cost price of 5 items is equal to the selling

    price of 8 items, then what will be the profit or loss percentage?
    A 27.5% Correct Answer Incorrect Answer
    B 42.6% Correct Answer Incorrect Answer
    C 38.6% Correct Answer Incorrect Answer
    D 37.5% Correct Answer Incorrect Answer

    Solution

    5×CP =SP ×8 = SP /CP =5/8 =SP =5, CP = 8 Loss =3 loss percent = 3/8 ×100 =300/8 = 37.5%

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