Question 4

If the cost price is 80% of the selling price, then what is the profit in percentage?

Name: If the cost price is 80% of the selling price, then what is the profit in percentage?
Uploaded: Feb. 27, 2024, 11:57 a.m.
Duration: 48 s
Description: If the cost price is 80% of the selling price, then what is the profit in percentage?

Solution

Given, cost price is 80% of selling price

C.P = 0.8 S.P

Profit = $$\ \frac{\ S.P\ -\ C.P}{C.P}\times\ 100$$

= $$\ \frac{\ S.P\ -\ 0.8S.P}{0.8S.P}\times\ 100$$

=$$\ \frac{0.2}{0.8}\times\ 100$$

= 25%

Answer is option B

Video Solution

Click on the Email ☝️ to Watch the Video Solution

Create a FREE account and get:

All Quant Formulas and shortcuts PDF
40+ previous papers with solutions PDF
Top 500 MBA exam Solved Questions for Free

CAT Quant Questions | CAT Quantitative Ability

CAT Remainders Questions CAT Mensuration Questions CAT Time And Work Questions CAT Probability, Combinatorics Questions CAT Percentages Questions

CAT DILR Questions | LRDI Questions For CAT

CAT Quant Based LR Questions CAT Table with Missing values Questions CAT Scheduling Questions CAT Data Interpretation Basics Questions CAT DI Miscellaneous Questions

CAT Verbal Ability Questions | VARC Questions For CAT

CAT Para Jumbles Questions CAT Grammar and Sentence Correction Questions CAT Verbal Ability Questions CAT Reading Comprehension Questions CAT Vocabulary Questions

CMAT 2022

If the cost price is 80% of the selling price, then what is the profit in percentage?

Video Solution

CAT Quant Questions | CAT Quantitative Ability

CAT DILR Questions | LRDI Questions For CAT

CAT Verbal Ability Questions | VARC Questions For CAT

Free Quant Questions

Login to your Cracku account

Hello! 👋

Ready to Unlock Your Success?

Please Enter Your OTP

Please enter the following details

Create a free Cracku account