What is the profit percent acquired when the cost price is ₹200 and selling price is ₹350?

50%

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100%

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25%

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75%

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Solution

The correct option is D
75%

We first find the profit acquired.

Profit = S.P - C.P
= ₹(350 - 200)
= ₹150

$∴ Profit % = \frac{Profit}{C.P} \times 100 = \frac{150}{200} \times 100 = 75 %$

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What is the profit percentage acquired when the cost price is ₹ 200 and selling price is ₹ 350?

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