If the cost price of an article is 75% of its selling price, then the profit percent is:
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e %.
Let selling price = ₹100
Then cost price = 75% of 100 = ₹75
Profit = 100 – 75 = ₹25
Profit % = (Profit ÷ C.P.) × 100 = (25 ÷ 75) × 100 = %