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    1. Home
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    3. Quantitative Aptitude
    4. Profit and loss
    5. If the selling price of an item is 3/4 of its cost price, then what will be the loss/profit percenta

    Question

    If the selling price of an item is 3/4 of its cost

    price, then what will be the loss/profit percentage?
    A 20%profit Correct Answer Incorrect Answer
    B 25%profit Correct Answer Incorrect Answer
    C 25%loss Correct Answer Incorrect Answer
    D 20%loss Correct Answer Incorrect Answer

    Solution

    ATQ- SP = CP×3/4 SP: CP =3:4 loss = 4-3 =1 loss% = 1/4 ×100 = 25% loss

    Practice Next
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