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

25%

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50%

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75%

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100%

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Solution

The correct option is C
75%

Given,

Selling Price (S.P) = ₹ 350

Cost Price (C.P) = ₹ 200

S.P- C.P = Profit

Profit = ₹ (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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If the cost price is $25 %$ of selling price. Then what is the profit percent?

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