Home » Aptitude » Profit and Loss » Question
  1. If selling price of an article is 1
    1
    of cost price, find gain %.
    3
    1. 25%
    2. 33
      1
      %
      3

    3. 1.33%
    4. 66
      2
      %
      3

Correct Option: B

Let Cost Price of article = y

Selling Price of article = $
4y
3

Gain = Selling Price - Cost Price
Gain =
4y
- y =
4y - 3y

33

Gain = $
y
3


Gain% =
Gain
× 100
Cost Price

Gain percent =
(y / 3)
× 100
y

=
100
= 33
1
%
33



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