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If the cost price of an article is ₹ 200 and selling price of the same article is ₹ 225. Find the profit %.1. 15%2. 12.5%3. 25%4. 16% |
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Answer» Correct Answer - Option 2 : 12.5% Given: Cost price of an article = Rs. 200 Selling price of an article = Rs. 225 Formula used: Profit = Selling price – Cost price Profit% = profit/cost price × 100 Calculation: Profit = 225 – 200 ⇒ Profit = Rs. 25 Profit% = 25/200 × 100 ⇒ 12.5% ∴ The profit% is 12.5% |
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