College of Admission Tests Multan

Profit and Loss

Solve the question of and select the option from the choices A through D/E. Check your Answer and view the explanation.

Question: 3

In terms of percentage profit, which among following the best transaction.
  • C.P. 36, Profit 17
  • C.P. 50, Profit 24
  • C.P. 40, Profit 19
  • C.P. 60, Profit 29

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Correct Answer: D

Hint: Calculate profit percent as

Profit% = Profit Cost × 100

Refer to the video explanation.