Banking Exams Quant — Question 698

Question

If cost price is ₹800 and selling price is ₹1000, find profit percentage.

  1. 20%
  2. 25%
  3. 30%
  4. 35%

Correct answer

B — 25%

Explanation (English)

Profit = 1000-800 = 200. Profit% = (200/800)×100 = 25%

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