Question

What is the profit $\%$ acquired when the cost price is $\text{Rs.}200$ and selling price is $\text{Rs.}350?$

• A. 25%
• B. 50%
• C. 75%
• D. 100%

Answer 1

The correct option is C

75%

Given, $C.P.=\text{Rs.}200$

and $S.P.=\text{Rs.}350$

Since, $S.P.>C.P.$, there is a profit.

Profit $=S.P.-C.P.$

$=\text{Rs.}(350-200)=\text{Rs.}150$

$\therefore P\%=\frac{\text{Profit}}{\text{C.P.}}\times 100$

$\Rightarrow \frac{150}{200}\times 100$

$=75\%$

So, profit $\%$ acquired is $75\%$