Question

A pair of shoe bought for Rs $250$ and sold for Rs $325$. Find profit or loss percent

• A. $10$%
• B. $40$%
• C. $30$%
• D. $50$%

Answer 1

The correct option is C $30$%

Profit percentage(%)$=\frac{\text{profit}}{\text{cost price}}\times 100$

Profit$=S.P-C.P=325-250=Rs.75$

Profit percent$=\frac{75}{250}\times 100=30$%