Question Details

Detailed explanation and options for the selected question.

If the cost price of an item is Rs. 800 and the selling price is Rs. 960, what is the profit percentage?

A. 10%

B. 15%

C. 20%

D. 25%

Explanation:

Explanation: Profit = SP - CP = 960-800 = 160. Profit% = 160/800×100 = 20%.