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If the cost price of an article is 80% of the selling price, then what is the profit percent?
- a)20
- b)25
- c)30
- d)28
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
If the cost price of an article is 80% of the selling price, then what...
GIVEN:
cost price of an article is 80% of the selling price
cost price of an article is 80% of the selling price
FORMULA USED:
Profit% = Profit/ CP × 100
Profit% = Profit/ CP × 100
CALCULATION:
Let the SP be x
⇒ CP = 0.8 × x = 0.8x
⇒ Profit % = [(x - 0.8x)/0.8x] × 100 = 25%
∴ Profit % = 25%
Let the SP be x
⇒ CP = 0.8 × x = 0.8x
⇒ Profit % = [(x - 0.8x)/0.8x] × 100 = 25%
∴ Profit % = 25%
Most Upvoted Answer
If the cost price of an article is 80% of the selling price, then what...
GIVEN:
cost price of an article is 80% of the selling price
cost price of an article is 80% of the selling price
FORMULA USED:
Profit% = Profit/ CP × 100
Profit% = Profit/ CP × 100
CALCULATION:
Let the SP be x
⇒ CP = 0.8 × x = 0.8x
⇒ Profit % = [(x - 0.8x)/0.8x] × 100 = 25%
∴ Profit % = 25%
Let the SP be x
⇒ CP = 0.8 × x = 0.8x
⇒ Profit % = [(x - 0.8x)/0.8x] × 100 = 25%
∴ Profit % = 25%
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If the cost price of an article is 80% of the selling price, then what is the profit percent?a)20b)25c)30d)28Correct answer is option 'B'. Can you explain this answer?
Question Description
If the cost price of an article is 80% of the selling price, then what is the profit percent?a)20b)25c)30d)28Correct answer is option 'B'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about If the cost price of an article is 80% of the selling price, then what is the profit percent?a)20b)25c)30d)28Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the cost price of an article is 80% of the selling price, then what is the profit percent?a)20b)25c)30d)28Correct answer is option 'B'. Can you explain this answer?.
If the cost price of an article is 80% of the selling price, then what is the profit percent?a)20b)25c)30d)28Correct answer is option 'B'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about If the cost price of an article is 80% of the selling price, then what is the profit percent?a)20b)25c)30d)28Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the cost price of an article is 80% of the selling price, then what is the profit percent?a)20b)25c)30d)28Correct answer is option 'B'. Can you explain this answer?.
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