Discussion

Q.

If a shopkeeper buys an article for ₹ 250 and sells it for ₹ 350. Find his profit percentage.

A. 60%

B. 80%

C. 75%

D. 40%

Correct Option is D

Explanation:

CP = ₹ 250   SP = ₹ 350  

Profit = SP - CP

then profit amount = ₹ 350 - ₹ 250 = ₹ 100

Profit % = 100250× 100 = 40%

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