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The cost price of an article is 40% of the selling price. What percent of the cost price is the selling price?         (SSC CGL 1st Sit. 2011)
  • a)
    140%
  • b)
    200%
  • c)
    220%
  • d)
    250%
Correct answer is option 'D'. Can you explain this answer?
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The cost price of an article is 40% of the selling price. What percent...
Question Analysis:
We are given that the cost price of an article is 40% of the selling price. We need to find the percentage of the cost price that the selling price represents.

Given:
Cost price = 40% of the selling price

To find:
Percentage of the cost price that the selling price represents

Solution:
Let's assume the selling price of the article is 'x'.

Calculating the Cost Price:
We are given that the cost price is 40% of the selling price.
Cost price = 40% of x = (40/100) * x = (2/5) * x

Calculating the Percentage of Selling Price:
We need to find the percentage of the cost price that the selling price represents.
Percentage of selling price = (Selling price / Cost price) * 100

Substituting the Values:
Cost price = (2/5) * x
Selling price = x

Percentage of selling price = (x / (2/5) * x) * 100 = (5/2) * 100 = 250%

Hence, the percentage of the cost price that the selling price represents is 250%.

Answer:
Option (d) 250%
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Community Answer
The cost price of an article is 40% of the selling price. What percent...
Let the S.P. of the article = ₹ 100
∴ C.P. = ₹ 40
∴ Required percentage = 
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