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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