What will be the Percentage of Profit? If

There is a profit of 20% on the selling price of an article. the % of profit, when calculated on cost price is

  1. 50/3%
  2.  20%
  3.  100/3%
  4.  None of these

 

 

Manish Listener Asked on 15th July 2015 in Maths.
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  • 1 Answer(s)

    Answer: (4) None of these.
    Explanation:-
    Let be the selling price will be = Rs.100
    20% profit
    Then, the cost price = Rs.80
    Now,
    The percentage of profit = 20 x 100/80
    = 25%.
    Hence, the answer is (4) none of these.

    Anurag Mishra Professor Answered on 16th July 2015.
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