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      Question

      If the Cost price of an item is 6/4 of its selling

      price, then what will be the loss/profit percentage?
      A 16.66%loss Correct Answer Incorrect Answer
      B 33.33%loss Correct Answer Incorrect Answer
      C 16.66%profit Correct Answer Incorrect Answer
      D 33.33%ptofit Correct Answer Incorrect Answer

      Solution

      ATQ- CP = SP×6/4 CP/SP = 6/4 CP: SP =6:4 If the value of the cost price is the greater than selling price, then there will be a loss – loss = CP-SP=6-4= 2 Loss %= 2/6 ×100 = 33.33%

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