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UGC-NET-Paper1

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The cost price of an article is 95% of its selling price. Find the percentage of profit or loss.

1. 5% loss
2. 5% profit
3. 5.26% profit
4. 5.5% loss

एक वस्तु का लागत मूल्य उसके विक्रय मूल्य का 95% है। लाभ या हानि का प्रतिशत ज्ञात कीजिए।

1. 5% हानि
2. 5% लाभ
3. 5.26% मुनाफा
4. 5.5% घाटा

This Question came in

UGC-NET-PolSci-06-January-2025-Shift-2-Q12

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Detailed Explanation & Answer

### Step 1: Define Variables
Let the **selling price (SP)** be **Rs. 100**.

Given that the **cost price (CP)** is **95% of the selling price**, we calculate:

CP = 95% of SP
= (95/100) × 100
= Rs. 95

### Step 2: Calculate Profit or Loss
Profit = SP - CP
= 100 - 95
= Rs. 5

### Step 3: Find the Profit Percentage
Profit % = (Profit / CP) × 100
= (5 / 95) × 100
= 5.26%

### Answer:
**(3) 5.26% profit**

The Correct Answer is 3

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