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Railways PYQCBT 1 2016

RRB NTPC · Question 5

The purchase price of 30 items is equal to the selling price of 40 items. Find the % of profit or loss in sales. A. 20% loss B. 25% profit C. 25% loss D. 20% profit

  1. D

  2. B

  3. C

  4. A

Show answer & explanation

Answer: (C) C

Explanation

Let CP of one item = 1. Then CP of 30 = 30 = SP of 40, so SP of one item = 30/40 = 0.75. Loss = 0.25 on 1 = 25% loss.