CMAT 2022 Profit & Loss Question (Medium)

Question

If the cost price is 80 of the selling price, then what is the profit in percentage?

Optima Learn · Accepted Answer

To find the profit percentage, we need to express both cost price and profit in terms of the selling price. Understanding the setup Cost price CP 80 of selling price SP , i.e. CP 0.8 SP. Profit SP CP. Analyzing the Calculation Profit SP 0.8SP 0.2SP. Profit percentage is measured relative to CP Profi

CMAT 2022 Profit & Loss — Previous Year Question

CMAT 2022

Quantitative

Profit & Loss

Medium

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