Question 12

If selling price and cost price of an article are Rs 684.25 and Rs 595 respectively, then what is the proﬁt percentage?

Solution

Cost price = Rs. 595

Selling price = Rs. 684.25

=> Profit % = $$\frac{(S.P.-C.P.)}{C.P.}\times100$$

= $$\frac{(684.25-595)}{595}\times100$$

= $$\frac{8925}{595}=Rs.$$ $$15\%$$

=> Ans - (A)

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