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Question

A person sells 320 mangoes at the cost price of 400 mangoes. What is his profit per cent?

A
10%
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B
15%
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C
20%
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D
25%
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Solution

The correct option is D 25%
Let the C.P. of 1 mango = Rs. 1
Then, S.P. of 320 mangoes = C.P. of 400 mangoes = Rs. 400
C.P. of 320 mangoes = Rs. 320
Profit =400320= Rs. 80
Profit % =80320×100=25%

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