8th Class Mathematics Comparing Quantities Question Bank Commercial Mathematics

  • question_answer
    Read the following statements carefully and choose the correct option. (i) : The profit percent is always calculated on the S.P of an article. (ii) : The loss percent is always calculated on C.P of an article.

    A) is true only

    B) (ii) is true only

    C) Both (i) and (ii) are true

    D) Neither (i) nor (ii) is true

    Correct Answer: B

    Solution :

    A : P% \[=\frac{P}{CP}\,\times 100\] B: \[L%\,=\frac{L}{CP}\times 100\]


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