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Comparing Percentages When Denominator Is Not 100

The cost pric...

Question

The cost price of a pen is ₹12. But the shopkeeper sold it for ₹18. What is the percentage of profit obtained by the shopkeeper?

A

25%

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B

50%

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C

75%

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D

65%

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Solution

The correct option is B
50%

Profit = S.P - C.P = 18 - 12 = ₹6

Profit percentage

$= \frac{P r o f i t}{C . P} \times 100$

$= \frac{6}{12}$ × 100 = 50%

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