A shopkeeper buys an article for ₹500 and sells it for ₹600. What is the profit percentage?
Show answer & explanation
Correct answer: C
Explanation
Cost Price = 500, Selling Price = 600
Profit = 600 − 500 = 100
Profit % = (100 / 500) × 100 = 20%
SSC CPO - 12 Dec 2025 - Shift 1 • Quantitative Aptitude • Q108
A shopkeeper buys an article for ₹500 and sells it for ₹600. What is the profit percentage?
Correct answer: C
Explanation
Cost Price = 500, Selling Price = 600
Profit = 600 − 500 = 100
Profit % = (100 / 500) × 100 = 20%