Question

4. A merchant finds his profit is 20% of the selling price. His actual profit on Cost Price is
a) 20%
b) 22%
c) 25%
d) 30%​

Answer 1

Answer:

c)25%

Step-by-step explanation:

Suppose SP = Rs. 100

Profit = Rs. 20

CP =100−20= Rs. 80

Profit %= CPprofit×100=8020×100

=25%