Question Details

Detailed explanation and options for the selected question.

If the cost price of an item is Rs. 400 and the selling price is Rs. 500, what is the profit percentage?

A. 10%
B. 20%
C. 25%
D. 30%

Explanation:

Profit% = (SP - CP)/CP × 100 = (500 - 400)/400 × 100 = 25%. Other options are incorrect.

Related Topics

How to Calculate Probability of Independent Events

Revision Notes

How to Solve Multi-Variable Word Problems (Systems of Equations)

Revision Notes

How to Solve Right Triangle Word Problems

Revision Notes

How to Solve Conditional Probability Problems

Revision Notes

How to Work with Negative Numbers (Addition and Subtraction)

Revision Notes

How to Convert Decimals to Fractions and Percentages

Revision Notes

How to Solve Basic Vector Problems (2D)

Revision Notes

How to Calculate the Cross Product in 3D Vectors

Revision Notes

How to Understand Circle Theorems (Angles and Tangents)

Revision Notes

Introduction to Hypothesis Testing (Null vs. Alternative)

Revision Notes