Question

Rekha sold a saree for ₹3,456 with a profit of ₹256. Her profit percentage was

• A. 8%
• B. 10%
• C. 7%

Answer 1

The correct option is A 8%

Profit percentage = $\frac{Profit}{CostPrice}\times 100$

Here, Selling price = ₹3,456
Profit = ₹256
Cost Price = Selling Price - Profit
$\therefore$ Cost price = 3,456 - 256 = ₹3,200
$\therefore$ Profit Percentage = $\frac{256}{3200}\times 100$
= 8%