Question 66
If the cost price of an article is 80% of the selling price, then what is the profit percent?
Solution
Let selling price = Rs. $$10$$
=> Cost price = $$\frac{80}{100}\times10=Rs.$$ $$8$$
$$\therefore$$ Profit % = $$\frac{(10-8)}{8}\times100$$
= $$\frac{200}{8}=25\%$$
=> Ans - (B)
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