Quantitative Aptitude Ques 2262
Question: If the profit is 20% on sell price, profit on cost price will be
Options:
A) 15%
B) 20%
C) 25%
D) 30%
Show Answer
Answer:
Correct Answer: C
Solution:
- Let the SP be Rs. 100. Then, profit = 20% of 100 = Rs. 20
$ \therefore $ $ CP=SP-P=100-20 $
$ \Rightarrow $ $ CP=Rs.,80 $ Then, profit on $ CP=\frac{20}{80}\times 100%=\frac{100}{4}%=25% $
BETA
