Question

The C.P of a product is ₹ 120 and the S.P is ₹ 160. The profit percentage is .

• A. 33.3
• B. 66.6
• C. 30
• D. 60

Answer 1

The correct option is A 33.3

S.P = ₹ 160
C.P = ₹ 120
Profit = S.P - C.P = ₹ (160-120) = ₹ 40
Profit Percentage = $\frac{Profit}{C.P}$ $\times$100 %
= $\frac{40}{120}$$\times$100 % = 33.3%.