alleryA man bought an article for ₹400 and sold it for ₹500. His profit % is:
A15%
B25% (= 100/400 × 100)
C100%
D20%
Answer & Solution
Correct answer: B. 25% (= 100/400 × 100)
Profit = ₹100. Profit % = (Profit/CP) × 100 = 100/400 × 100 = 25%.
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