What is the profit percent acquired when the cost price is ₹ 250 and selling price is ₹ 400?

75%

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60%

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55%

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100%

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Solution

The correct option is B 60%
We have to find the profit first:

S.P - C.P = Profit

₹ (400 - 250) = ₹150

∴ Profit % = $\frac{Profit}{C.P}$ × 100

⇒ $\frac{150}{250}$ x 100
= 60%

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