Question

Namrataben bought 20 sarees at the cost of Rs 200 per saree. She got Rs 5000 on selling of these sarees. Then how much percentage profit or loss does she make?

• A. 25% profit
• B. 25% loss
• C. 15% profit
• D. 20% profit

Answer 1

The correct option is A 25% profit

Cost price = 20 sarees for 200 rupees per saree
= 20*200
= rs4000
selling price = Rs5000
profit = selling price - cost price
profit = 5000-4000
profit = Rs1000
now,
$profitpercent=\frac{profit}{costprice}\times 100$
$profitpercent=\left(1000/4000\right)\times 100$
$profitpercent=25\%$