Profit and Loss Practice Test 10

Question : 3 of 28

Marks: +1, -0

If the selling price of an article is decreased by 46%, then there is a loss of 10% on CP.Then the initial profit percentage is:

Solution:

Let SP = Rs 100
Then new SP = Rs 54
Loss = 10%

CP=54×10/9=60

Initial Profit

={100-60}/60 ×100=66.67%

Go to Question:

Prev Question

Next Question