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Question

Ronny sold a cycle for ₹ 3,456 with a profit of ₹ 256. His profit percentage was ______.


A
8%
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B
6%
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C
10%
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D
3%
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Solution

The correct option is A 8%
Profit percentage = ProfitCost Price×100

Here, Selling price = Rs.3,456
Profit = Rs.256
Cost Price = Selling Price - Profit
Cost price = 3,456 - 256 = Rs. 3,200
Profit Percentage = 2563200×100
                                  = 8%

Mathematics

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