GMAT Exam  >  GMAT Questions  >  By selling an article,a man makes a profit of... Start Learning for Free
By selling an article,a man makes a profit of 25% of its selling price. His profit percentage is A)16 2/3 B)20 C)25 D)33 1/3?
Most Upvoted Answer
By selling an article,a man makes a profit of 25% of its selling price...
To solve this problem, we need to understand the concept of profit percentage and how it is calculated. The profit percentage is calculated by dividing the profit by the selling price and multiplying by 100.

Let's assume the selling price of the article is $S. According to the question, the man makes a profit of 25% of the selling price. So, the profit he makes is 25% of S, which can be written as 0.25S.

Now, let's calculate the profit percentage. Profit percentage = (Profit / Selling Price) * 100. In this case, the profit is 0.25S and the selling price is S. Substituting these values, we get:

Profit percentage = (0.25S / S) * 100 = 0.25 * 100 = 25

Therefore, the man's profit percentage is 25%.

Explanation:

- Introduction: Explain the concept of profit percentage and how it is calculated.
- Given information: State the selling price of the article and the profit percentage.
- Calculation: Calculate the profit made by the man using the given information.
- Formula: Explain the formula for calculating profit percentage.
- Substitution: Substitute the values into the formula and simplify the expression.
- Result: State the final result, which is the man's profit percentage of 25%.

In conclusion, the man's profit percentage is 25%. Therefore, the correct answer is option C) 25.
Attention GMAT Students!
To make sure you are not studying endlessly, EduRev has designed GMAT study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in GMAT.
Explore Courses for GMAT exam

Similar GMAT Doubts

Top Courses for GMAT

By selling an article,a man makes a profit of 25% of its selling price. His profit percentage is A)16 2/3 B)20 C)25 D)33 1/3?
Question Description
By selling an article,a man makes a profit of 25% of its selling price. His profit percentage is A)16 2/3 B)20 C)25 D)33 1/3? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about By selling an article,a man makes a profit of 25% of its selling price. His profit percentage is A)16 2/3 B)20 C)25 D)33 1/3? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for By selling an article,a man makes a profit of 25% of its selling price. His profit percentage is A)16 2/3 B)20 C)25 D)33 1/3?.
Solutions for By selling an article,a man makes a profit of 25% of its selling price. His profit percentage is A)16 2/3 B)20 C)25 D)33 1/3? in English & in Hindi are available as part of our courses for GMAT. Download more important topics, notes, lectures and mock test series for GMAT Exam by signing up for free.
Here you can find the meaning of By selling an article,a man makes a profit of 25% of its selling price. His profit percentage is A)16 2/3 B)20 C)25 D)33 1/3? defined & explained in the simplest way possible. Besides giving the explanation of By selling an article,a man makes a profit of 25% of its selling price. His profit percentage is A)16 2/3 B)20 C)25 D)33 1/3?, a detailed solution for By selling an article,a man makes a profit of 25% of its selling price. His profit percentage is A)16 2/3 B)20 C)25 D)33 1/3? has been provided alongside types of By selling an article,a man makes a profit of 25% of its selling price. His profit percentage is A)16 2/3 B)20 C)25 D)33 1/3? theory, EduRev gives you an ample number of questions to practice By selling an article,a man makes a profit of 25% of its selling price. His profit percentage is A)16 2/3 B)20 C)25 D)33 1/3? tests, examples and also practice GMAT tests.
Explore Courses for GMAT exam

Top Courses for GMAT

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev